PAC 0.00% $10.92 pacific current group limited

VPC investments merge into a new entity - benefits VPC Specialty Lending and some VPC Funds vehicle

  1. 2,833 Posts.
    lightbulb Created with Sketch. 1140
    Hi All

    On Friday night VPC announced the following Corporate Activity:
    https://www.victoryparkcapital.com/news/2024/06/21/juvo-plus-cap-hill-brands-dragonfly-and-moonshot-brands-complete-four-way-merger-forming-infinite-commerce/

    The benefit is that the VPC Specialty Lending vehicle VSL:LON, asset valuations are confirmed as accurate and its net asset value of 78p is solid. The current share price is 44p, so this news is very welcome. VPC own a large portion of VSL:LON, I think 20%+. This will mean reported net assets on PAC's balance sheet will increase as they liquidate this holding over the next two years (VSL:LON has a life of 24 months now).

    Note: I hold VSL:LON

    Best of Luck
    Lost
    Last edited by lost: 24/06/24
 
watchlist Created with Sketch. Add PAC (ASX) to my watchlist
(20min delay)
Last
$10.92
Change
0.000(0.00%)
Mkt cap ! $569.9M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 192 $10.73
 

Sellers (Offers)

Price($) Vol. No.
$10.91 411 8
View Market Depth
Last trade - 10.42am 03/07/2024 (20 minute delay) ?
PAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.