Hi Muscat
I am definitley bullish and have a higher value on it.
Looking at it from a PAC valuation perspective, note 17 in the 2018 Annual Report says $43 Million. If one values this stock based on FUM then the following occurs:
June 2017 FUM $7.81 Billion
PAC valuation at $20.974 Million
June 2018 FUM $18.4 Billion
PAC valuation at $43.487 Million
If June 2019 FUM is $35+ Billion
Assume PAC valuation at $86 Million (and some change)
I like my higher valuation if it was being listed on an Exchange somewhere, however a Private Company valuation would be closer to the $86 Million on a conservative basis. Someone would pay $125+ Million easily for 5% of this business, at least 50% of the current market capitalisation of PAC.
Best of Luck
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Last
$10.80 |
Change
0.310(2.96%) |
Mkt cap ! $563.7M | |||
| Open | High | Low | Value | Volume |
| $10.67 | $10.80 | $10.44 | $765.2K | 71.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.80 | 5606 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |