Hi Greg
I suspect you will be correct on the dividend front. My thinking previously was they would bump up to 25c per half (based on what Chairman said at AGM presentation).
One risk to consider is if PAC are close to getting debt funding they may hold some money back to show they can generate sufficient cash to repay debt.
What do you think PAC’s cash position is? I think there is about $A20M left in the bank after ALTI financial and now Banner Oak.
Someone mentioned on the call today that cash is nearly exhausted based on their calculations, but Paul didn’t correct them. I suspect their is the $A20M remaining based on earnings during the year.
Best of Luck
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Hi GregI suspect you will be correct on the dividend front. My...
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Last
$10.66 |
Change
-0.050(0.47%) |
Mkt cap ! $556.4M | |||
| Open | High | Low | Value | Volume |
| $10.76 | $10.83 | $10.60 | $1.033M | 96.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $10.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.85 | 500 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PAC (ASX) Chart |