PAC 2.96% $10.80 pacific current group limited

Ann: Successful completion of $12.5m Institutional Placement, page-37

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    Break up value will be higher as there is no negative valuation that would be ascribed to the cost of management. Take the annual costs and apply the multiple and that is the additional value if assets are sold. It could be More than $120 million or around $2.50 per share.
 
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