PAC 2.57% $10.76 pacific current group limited

Someone shorting PAC with more shares than what there are sell orders for, page-4

  1. 2,836 Posts.
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    Hi @Plague

    I suspect it is a bet correlated to GQG. Reasons I wouldn’t do it:
    - low liquidity, bet size is larger than sell pool orders ( but this can be manipulated by a shorter too).
    - PAC dividend due today, lots of money in shareholders hands to buy more
    - There should be another investment coming shortly with debt facility

    Best of Luck
    Lost
 
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Last
$10.76
Change
0.270(2.57%)
Mkt cap ! $561.6M
Open High Low Value Volume
$10.42 $10.76 $10.16 $1.752M 163.8K

Buyers (Bids)

No. Vol. Price($)
1 3000 $10.37
 

Sellers (Offers)

Price($) Vol. No.
$10.85 55 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
PAC (ASX) Chart
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