This is a disappointing update. I think most brokers expected higher NPAT for 2020. Ord Minnett, the company broker, expected over $27m. If the earnings from the new investment are not included the 2020 result looks even more underwhelming for the existing portfolio. It is also disappointing to not get a full investor presentation. It is difficult to know details about these businesses without a presentation. Increasingly it looks like pac overpaid for victory park.
Ann: PAC invests in Pennybacker Capital Management, page-3
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Last
$10.77 |
Change
-0.040(0.37%) |
Mkt cap ! $562.1M | |||
| Open | High | Low | Value | Volume |
| $10.76 | $10.88 | $10.61 | $1.247M | 115.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1755 | $10.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.80 | 4131 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PAC (ASX) Chart |