It indicates that the company is in need of capital which was not expected. It raised capital less than 12 months ago. It shows growing FUM but clearly this is not being converted into the cash rate management expects. Someone correctly pointed out why not simply lower the dividend. At these price/multiples it is poor capital management.
It indicates that the company is in need of capital which was...
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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 |