17c div on a 14.47 share price for PNI, you’d want continued SP growth. It’s the opposite for PAC, if the SP isn’t improving we’d like to see a continued healthy ROE through a franked div. I don’t hold PNI but perhaps I should.
Incidentally I’ve met PAC CEO Peter Kennedy before, and was impressed with his entrepreneurial mindset. I’ve had my doubts as to whether another CEO with a less conservative CV might be better at selling the sell for PAC’s impressive growth and fundamentals and attracting demand which might push up the SP.
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2 | 177 | 10.500 |
1 | 140 | 10.490 |
1 | 140 | 10.480 |
Price($) | Vol. | No. |
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