Hi All
It isn’t easy to value PAC’s stake in IFP, but here is news showing a competitor valuing a $USD100B broker at $USD1.1B including earn out provision:
https://citywire.com/pro-buyer/news/lpl-financial-agrees-to-acquire-100bn-atria-wealth-solutions/a2436151?re=117390&ea=1098386&utm_source=BulkEmail_International+Daily+US+Domestic&utm_medium=BulkEmail_International+Daily+US+Domestic&utm_campaign=BulkEmail_International+Daily+US+Domestic
IFP has approximately $USD10B, placing a fair valuation of $USD110M on the business. PAC’s stake is 24.9%, meaning if a transaction were to take place at recent valuation then PAC would receive $USD27M or $AUD42M. Not bad for an approximate $USD5M investment.
Best of Luck
Lost
- Forums
- ASX - By Stock
- Competitor of Independent Financial Partners takeover
Hi AllIt isn’t easy to value PAC’s stake in IFP, but here is...
Featured News
Add PAC (ASX) to my watchlist
|
|||||
Last
$10.91 |
Change
-0.010(0.09%) |
Mkt cap ! $569.9M |
Open | High | Low | Value | Volume |
$10.91 | $10.97 | $10.76 | $72.91K | 6.681K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 146 | $10.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.92 | 56 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 146 | 10.900 |
3 | 353 | 10.890 |
3 | 237 | 10.880 |
3 | 421 | 10.870 |
1 | 200 | 10.860 |
Price($) | Vol. | No. |
---|---|---|
10.920 | 56 | 4 |
10.930 | 142 | 2 |
10.940 | 4972 | 4 |
10.950 | 160 | 3 |
10.960 | 277 | 2 |
Last trade - 13.05pm 03/07/2024 (20 minute delay) ? |
Featured News
PAC (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online