PAC 0.96% $10.50 pacific current group limited

Hi @peejay2As flattering as that is, the same thing happened...

  1. 2,828 Posts.
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    Hi @peejay2
    As flattering as that is, the same thing happened prior to FUM announcement and then it dropped.
    Interest will be attributable to one of a few factors:
    1> Pumping and dumping - lets wait to see at the close of market where it ends
    2> Investors wanting to get in based on large end of year dividend (25c represents a 4.167% unfranked dividend yield at $6 per share, 5.95% fully franked)
    3> Given the success of PNI, a bet on PAC looks like a good bet, particularly given the low PE ratio
    4> Earnings leak (highly unlikely that they have the final figure yet)

    Anyone else have some thoughts?

    Best of Luck
    Lost


 
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