PAC 1.37% $10.80 pacific current group limited

Ann: Successful completion of $12.5m Institutional Placement, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,917 Posts.
    lightbulb Created with Sketch. 1174
    The announcement this morning also mentioned negotiating a debt facility at low interest rate to increase ROE and take advantage of other investment opportunities.

    I believe they will not stop investing at their current rate and will use debt to expand further. Growth is high and will continue to do so over the next couple of years.

    They have the balance sheet to take on an ultra conservative level of debt of $50-$75 Million, even $100-$150 Million for the right opportunity.

    Best of Luck
    Lost
 
watchlist Created with Sketch. Add PAC (ASX) to my watchlist
(20min delay)
Last
$10.80
Change
-0.150(1.37%)
Mkt cap ! $563.7M
Open High Low Value Volume
$10.90 $10.98 $10.80 $468.4K 42.92K

Buyers (Bids)

No. Vol. Price($)
1 17 $10.80
 

Sellers (Offers)

Price($) Vol. No.
$10.96 2000 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
PAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.