PNC pioneer credit limited

So on or around 3rd July we shall know if the MD has pulled off...

  1. 2,919 Posts.
    lightbulb Created with Sketch. 626
    So on or around 3rd July we shall know if the MD has pulled off a Lazarus with a triple by-pass from the nadir of 4 years ago when PNC's survival was a thing.
    As I understand it he has collaed a new substantial and professional shareholder in a placement to raise to raise $10m, corralled his saviour funder Nomura into a refinancing of senior debt to save $8m in funding costs and rolled over $33m of medium term notes into 4.5 years maturity. All of this done when the operation was barely breaking even. What PNC is paying on those MTNs is moot ..I guess we find out soon.
    Anyway, if Keith John has done it then all power to him.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
50.0¢
Change
0.000(0.00%)
Mkt cap ! $80.36M
Open High Low Value Volume
50.0¢ 50.0¢ 50.0¢ $18K 36K

Buyers (Bids)

No. Vol. Price($)
3 10500 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 20000 1
View Market Depth
Last trade - 15.44pm 28/07/2025 (20 minute delay) ?
PNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.