PAC 0.00% $10.92 pacific current group limited

Hi Lost. I don’t think you can draw comparisons between Merricks...

  1. 227 Posts.
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    Hi Lost.

    I don’t think you can draw comparisons between Merricks and ROC. Merricks is making $25 m/year npat compared to ROC contributing $4mil max revenue before tax to PAC for their current share holding.

    Based on the multiple RPL paid for Merricks the ROC holding might not be worth $40 mil.

    If we adjust for tax it’s probably worth the $30 mil management suggests.


    Cheers Greg
 
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