PAC 0.38% $10.56 pacific current group limited

Another couple of quick points here:There is guaranteed $12.83...

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    Another couple of quick points here:
    There is guaranteed $12.83 in assets on PAC's balance sheet - $8.91 is effectively cash
    The three high performing boutiques will not lose value - add $3.92
    Net $11.72 after debt

    This is an 11% return on current share price (minimum over two years) - $1.20/$10.52

    This means the remaining boutiques are a bet on a greater return. Assume PAC board only gets $52M for these holdings or $1 per share.
    This is a 21% return on current share price - $2.20/$10.52

    Believe it would be conservative to assume that VPC or ROC, if sold, are undervalued based on fair value. This would add another $1 to the return.
    This is a 30% return on current share price - $3.20/$10.52

    Best of Luck
    Lost
 
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