Hi @SP007
GQG is currently $3 ($154M) of PAC’s $7.98 per share Net Assets.
Theoretically the remainder of PAC is $4.98 per share.
Because GQG listing has an actual market valuation now we know the underlying asset valuation on PAC’s balance sheet is under by $137M, calculated as follows:
$236M (118.112M shares @$2ea)
minus $154M (current holding value)
= $82M + $55M in cash after costs
The difference as per financial report is $2.68 per PAC share or another way GQG shares and cash is worth $5.68 per PAC share.
At today’s share price of $7.49, the market is pricing the rest of PAC at $1.81. Someone forgot to tell Mr Market PAC will still own 4% and have a lot of cash for reinvesting.
Bit of a joke
I’m Lost
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Ann: GQG Listing, page-72
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Last
$10.75 |
Change
0.260(2.48%) |
Mkt cap ! $552.7M |
Open | High | Low | Value | Volume |
$10.67 | $10.80 | $10.44 | $445.5K | 41.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 611 | $10.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.76 | 1678 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 499 | 10.710 |
1 | 71 | 10.700 |
3 | 140 | 10.690 |
1 | 50 | 10.680 |
2 | 283 | 10.670 |
Price($) | Vol. | No. |
---|---|---|
10.730 | 3 | 2 |
10.740 | 239 | 5 |
10.750 | 1613 | 6 |
10.760 | 258 | 2 |
10.770 | 250 | 1 |
Last trade - 14.46pm 19/07/2024 (20 minute delay) ? |
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