I thought stage 2 of Pennybacker is paid upon the business meeting future performance hurdles. The $11m should not be required yet. Working capital of $20m looks took much if the portfolio returns $25 million after expenses per year. I think the board should have mentioned the capital raise with the announcement. The announcement should have stated how the acquisition would be funded.
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I thought stage 2 of Pennybacker is paid upon the business...
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Last
$10.25 |
Change
-0.150(1.44%) |
Mkt cap ! $535.0M |
Open | High | Low | Value | Volume |
$10.42 | $10.47 | $10.17 | $258.1K | 25.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 367 | $10.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.30 | 96 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 397 | 10.220 |
2 | 1596 | 10.210 |
1 | 96 | 10.200 |
1 | 96 | 10.190 |
1 | 300 | 10.160 |
Price($) | Vol. | No. |
---|---|---|
10.300 | 96 | 1 |
10.310 | 96 | 1 |
10.320 | 96 | 1 |
10.330 | 96 | 1 |
10.650 | 140 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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PAC (ASX) Chart |