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$10.90 pacific current group limited

Hi @ Lost,Also your figures assumes full options being...

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Lambingflat

105 Posts.

45

18/03/24

09:27

Post #: 72933972
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Originally posted by lost: ↑

Hi @Lambingflat

Have reviewed and updated Net Asset Values based on page 11 of the financials and Fair Values page 7 of the presentation. Thanks to you and others that have provided feedback. Believe the following is a more accurate representation - estimated sum of the parts has come down to $11.58.

To your point above, there is definitely an arbitrage opportunity here. It also demonstrates the valuations are very much on the money and able to be realised over a period of time. This should provide high confidence $11.58 is achievable.

Adjustments here are based on pg11 NAV and pg7 of presentation. Have reduced Avante Capital purchase price based on what you mentioned above

Have updated more detail here. The cash at bank had included amounts from underlying boutiques - notes identify correct amount below.
Changes as follows:

Here are additional notes:

GQG Capital Gain and adjusted tax rate based on financial notes:

Best of Luck
Lost

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Hi @ Lost,

Also your figures assumes full options being exercised, without the cash consideration being received from the executive team as per annual report, which should add another $0.40 to your calcs.

PAC Price at posting: $9.42 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $10.90		Change 0.020(0.18%)		Mkt cap ! $568.9M

Open	High	Low	Value	Volume
$10.95	$10.95	$10.73	$202.8K	18.71K

Buyers (Bids)

No.	Vol.	Price($)
1	118	$10.73

Sellers (Offers)

Price($)	Vol.	No.
$10.90	14905	2

View Market Depth

No.	Vol.	Price($)
1	118	10.730
1	118	10.720
1	118	10.710
1	118	10.700
1	500	10.680

Price($)	Vol.	No.
10.900	14905	2
10.910	51	1
10.990	1030	1
11.000	28000	3
11.050	787	2

Last trade - 16.10pm 29/07/2024 (20 minute delay)

PAC (ASX) Chart