Hi All
Here is a good article on takeover (free after registration):
https://citywire.com/pro-buyer/news/rajiv-jain-s-gqg-bids-to-buy-14bn-boutique-backer/a2424491
The pro’s for buying PAC is that globally Equity Managers have been seeking to buy investment shops like PAC to diversify their FUM base and stabilise with long term FUM contracts.
It seems like Paul has provided an individual update to the journalist, so there are some positive notes on the likelihood of a transaction - question is how much and who wants it most.
Best of Luck
Lost
Ann: FY23 Results Presentation and Managing Director's Overview, page-24
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Last
$10.31 |
Change
0.030(0.29%) |
Mkt cap ! $531.7M | |||
| Open | High | Low | Value | Volume |
| $10.28 | $10.38 | $10.28 | $98.01K | 9.489K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3885 | $10.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.35 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$10.33 |
Change
0.030 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| $10.28 | $10.39 | $10.28 | 884 | ||
| Last updated 15.57pm 17/06/2024 ? | |||||
| PAC (ASX) Chart |
