Hi All
This is interesting news from a Victory Park perspective:
https://otp.investis.com/clients/uk/vpc_plc/rns/regulatory-story.aspx?cid=1083&newsid=1807575
Victory Park owns 20% of VSL:LSE after receiving shares for payment in lieu of management fees - circa $3M in pounds per annum.
The sell down process should mean VPC generate circa $USD50M (25% approximately to PAC - $AUD17.5M @66c AUD/USD) over a couple of years.
All numbers above are approximate only, assume PAC is entitled to this capital/VPC will pay it out and not reinvest in its business.
Best of Luck
Lost
VPC Specialty Lending (VSL:LSE) announced distribution of Net Assets
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Last
$11.00 |
Change
0.300(2.80%) |
Mkt cap ! $574.1M | |||
| Open | High | Low | Value | Volume |
| $10.90 | $11.31 | $10.75 | $6.456M | 584.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 339 | $10.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.22 | 5000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PAC (ASX) Chart |