I doubt he would do it, but Rajiv Jain's GQG could probably afford to lob a bid just for shits and giggles...hell, Rajiv could team up with someone like Pinnacle, Challenger, Bennelong, with them taking the PAC boutiques whilst GQG buy back 4% of their own stock at a discount. Not sure he'd be bothered with the distraction though, particularly given any in-specie distribution of GQG shares to current PAC shareholders via the current bid would likely increase the free float in GQG and improve its index weight.
Ann: Non-binding Indicative Proposal to acquire Pacific Current, page-14
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Last
$10.07 |
Change
0.070(0.70%) |
Mkt cap ! $519.3M | |||
| Open | High | Low | Value | Volume |
| $10.06 | $10.15 | $9.94 | $189.8K | 18.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 342 | $10.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.09 | 63 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$10.10 |
Change
0.070 ( 0.99 %) |
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| Open | High | Low | Volume | ||
| $10.19 | $10.19 | $9.95 | 10378 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PAC (ASX) Chart |