Hi JCoure
$13 would be a great price in the long term and believe can be achieved over the next couple of years (roughly $360 Million market cap). Morningstar released revised rating last Tuesday valuing company at $6 and have changed their Recommendation from Hold to Accumulate.
Not sure why the price jumped so much Friday. Suspect people are buying back in.
I believe the share price increase will be triggered with the annual report released in 2017. People will see a minor increase from the recent acquisitions in this release, but only half year contributions. This report will hopefully show FUM stabilisation. GQG Partners should have started growing by 2017 report too (won't contribute like others, don't believe the holding is large).
Best of Luck
Lost
Something's up and someone knows something..., page-11
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.84 |
Change
-0.160(1.45%) |
Mkt cap ! $565.8M | |||
| Open | High | Low | Value | Volume |
| $11.00 | $11.49 | $10.80 | $347.2K | 31.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308 | $10.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.96 | 1148 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| PAC (ASX) Chart |