Hi Greg
Hope all is well.
There may be a bit more to come on this one. Other questions I have are:
1. Kudu part own Pennybacker with PAC, wouldn’t they have first strike to buy? I think we may see the remainder sold to Kudu at similar price, it is just taking a bit longer to finalise the paperwork.
2. How long does the preference share deal run until? Would need to check initial announcement. There should be a deal around paying more once earnings are greater than preference payment.
I have assumed ongoing overhead will be terminated, most required employees moving to GQG, rest no longer required and will be gone. There is only the board that will remain with a few admin staff and the 0.75% fee on fair value.
Hi GregHope all is well.There may be a bit more to come on this...
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Last
$10.30 |
Change
0.030(0.29%) |
Mkt cap ! $531.2M | |||
| Open | High | Low | Value | Volume |
| $10.27 | $10.34 | $10.21 | $148.5K | 14.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $10.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.33 | 400 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PAC (ASX) Chart |