PAC 0.18% $10.98 pacific current group limited

Am I reading this right? PAC has $15.62bn of FUM (weighted...

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    Am I reading this right?

    PAC has $15.62bn of FUM (weighted against ownership % and converted to AUD) and a market cap of $334m... That's $46 of FUM for very every $1 market cap...

    MFG has $59bn of FUM and a market cap of $4,924m.. respective $12 FUM per $1 market cap

    PTM has $25.7bn of FUM and a market cap of $3173m.. respective $8 FUM per $1 market cap

    Obviously this doesn't take into consideration gearing levels between PAC, MFG and PTM but really?

    Anyone got any thoughts on the above?

    Keen to see more deals come through soon
 
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