PNC pioneer credit limited

The things that stood out for me were : 1) The current market...

  1. 600 Posts.
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    The things that stood out for me were :

    1) The current market capitalisation is around $39m
    2) Keith John's salary and options were $4.1m. This seems an unbelievable amount given the poor performance of the business and the market cap being only $39m. Surely this remuneration isn't based on business performance
    3) Total employee costs were $30.6m. Keith Johns remuneration was 13% of total employee costs.
    4) The Debt Portfolio $248m Borrowings of $201m, Equity of $54m. Net debt to equity is 353%. This is to high
    5) The overall borrowing level was similar to FY20 but assets have reduced by $16m.

    Pioneer needs to sort out its balance sheet. There is still to much debt and not enough equity.

 
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(20min delay)
Last
50.0¢
Change
0.000(0.00%)
Mkt cap ! $80.36M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 10500 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 20000 1
View Market Depth
Last trade - 16.21pm 29/07/2025 (20 minute delay) ?
PNC (ASX) Chart
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