Hang in there, we are all being tested at the moment, but I am sure the value is there. My family's wealth is feeling the pain of this unloved stock at the moment, with no dividend income and declining capital value.
PAC management are being very quiet at this time, but I am sure they are busy. You will recall last year PAC were subject to a court order to open their books to an investor, to allow a forensic review of the due diligence that was performed by the company prior to the ill-fated Aurora Trust/Northern Lights deal and subsequent write downs of c $140m that followed this merger. I suspect this situation is ongoing and they are being delayed in announcing any acquisition and a dividend on account of this situation.
Hang in there, we are all being tested at the moment, but I am...
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Last
$10.52 |
Change
-0.280(2.59%) |
Mkt cap ! $549.1M | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.86 | $10.52 | $811.4K | 75.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.80 | 1812 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |