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
$10.60 |
Change
-0.020(0.19%) |
Mkt cap ! $553.2M | |||
| Open | High | Low | Value | Volume |
| $10.64 | $10.64 | $10.59 | $132.0K | 12.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2069 | $10.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.64 | 247 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PAC (ASX) Chart |