Hi All
Here is good news on Victory Park Capital front. Victory Park own 20% of VPC Specialty Lending (a LIC listed on the UK market - VSL:LSE).
Perch and Razr make up 10% of their holdings. This will enable VSL to liquidate holdings which they have agreed to complete over a two year period.
This will expedite the liquidation and generate more performance fees into VPC earnings. Good outcome for PAC shareholders in the short term.
Find link to news:
https://au.finance.yahoo.com/news/razor-perch-merge-raise-100m-162702513.html
Best of Luck
Lost
Two of VPC Specialty Lending holdings and VPC debt lending customers are merging
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Last
$10.83 |
Change
-0.090(0.82%) |
Mkt cap ! $569.9M | |||
| Open | High | Low | Value | Volume |
| $10.91 | $10.97 | $10.76 | $76.27K | 6.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 166 | $10.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.84 | 45 | 5 |
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| Last trade - 13.33pm 03/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |