The headline funds under management is very good however Victory Park managing less than when it was acquired is a concern. 12 months of ownership has seen a reduction in the size of the business suggesting overpayment on acquisition. The Alphashares business looks like it is close to dead and Sseizert going backwards in a market that has been so strong is alarming. The growth in GQG is a positive but of limited earnings accretion to shareholders. The company has little debt which is a positive. It looks so much like a company ready to be swallowed up. A health dividend should be expected with cash sitting lazy on the balance sheet.
News: PAC Pacific Current Group Total Funds Under Management Up 9.7% During June Qtr, page-4
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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 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |