It is all about the earnings and transparency. PAC will have the earnings come through over the next 6 to 18 months. But transparency is difficult due to being a fund of fund managers with a raft of different arrangements (not just % interest but also revenue) - to be fair, they are better and improving.
I own a basket of fund managers with market caps to funds under management ranging from 1% to 6%. PAC is around the middle on a look-through FUM basis.
VGI/Regal tie up is a crazy market capitalisation to funds under management, but I wouldn't be surprised if they deliver the earnings to support the craziness. PAC can't deliver the types of performance fees that VGI/Regal can/have because they prefer stability over one-off lumpiness of performance fees.
It is all about the earnings and transparency. PAC will have the...
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Last
$10.28 |
Change
-0.160(1.53%) |
Mkt cap ! $530.1M | |||
| Open | High | Low | Value | Volume |
| $10.41 | $10.44 | $10.17 | $284.5K | 27.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 957 | $10.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.28 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$10.26 |
Change
-0.160 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $10.41 | $10.42 | $10.17 | 1789 | ||
| Last updated 15.48pm 14/06/2024 ? | |||||
| PAC (ASX) Chart |