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
Another couple of quick points here:There is guaranteed $12.83...
-
- There are more pages in this discussion • 4 more messages 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
$10.88 |
Change
-0.130(1.18%) |
Mkt cap ! $567.9M | |||
| Open | High | Low | Value | Volume |
| $10.96 | $11.00 | $10.77 | $427.4K | 39.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5886 | $10.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.00 | 41576 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |