The lower cash generation may be due to the fund managers paying themselves large bonuses or profit share before dividends are paid to PAC. The growth in FUM will hide poor expense management in the investee companies and the employees of these businesses are not aligned with PAC shareholders. That is a problem with the model if not managed.
The lower cash generation may be due to the fund managers paying...
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 (20min delay)
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Last
$10.18 |
Change
-0.020(0.20%) |
Mkt cap ! $525.0M | |||
| Open | High | Low | Value | Volume |
| $10.16 | $10.22 | $10.05 | $240.6K | 23.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.19 | 120 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$10.17 |
Change
-0.020 ( 0.20 %) |
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| Open | High | Low | Volume | ||
| $10.15 | $10.18 | $10.06 | 409 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| PAC (ASX) Chart |