PAC 1.72% $10.26 pacific current group limited

Update on Victory Park investment. Ord Minnett who seem to have...

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    Update on Victory Park investment.
    Ord Minnett who seem to have an open door arrangement with PAC advise that they think this recent investment will increase FY19 earnings by 31% to 50cps and dividend to 35cps. For some reason they have not increased their target price ($9).
    Source FNArena Brokers Call.
    Reassuring for shareholders even if the market is unimpressed.
 
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