PAC 2.59% $11.08 pacific current group limited

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

  1. 2,830 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
$11.08
Change
0.280(2.59%)
Mkt cap ! $571.4M
Open High Low Value Volume
$10.77 $11.08 $10.75 $428.9K 39.46K

Buyers (Bids)

No. Vol. Price($)
3 363 $11.00
 

Sellers (Offers)

Price($) Vol. No.
$11.11 112 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PAC (ASX) Chart
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