Book value as of the end of 2024. Obvs you need to adjust for change in FOREX which has come about 4% PAC's way and the change in corporate net assets from the buyback.
By my numbers it was about 20% of Fair Value. Most of that is in the bonds, so call it net 11% reduction of 18%. It's probably a 2% reduction in FV.
For what it's worth, I sold out this morning - but more because of my lack of understanding of Abacus Life.
The co. is trading at a pretty sizeable discount - this is without even considering any cash generated to date or potential uplift in valuation of boutiques.
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Last
$10.80 |
Change
-0.050(0.46%) |
Mkt cap ! $325.6M | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.87 | $10.77 | $452.8K | 41.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 850 | $10.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.87 | 30785 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| PAC (ASX) Chart |