You may be right but when is the big question. I cannot see any real spark until Keith John announces that he has new funding in place at a reasonable market rate. I have to admit that PNC appears to be travelling well considering the low point they reached and the exorbitant rates and penalties they are paying but I am waiting to see the bottom line this FY21. That is when the inflection point will occur - and if it is a good figure and the momentum is still apparent and the new funding is in place I would expect your SP value might be achievable in the medium term.
PNC Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held
