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$10.38 pacific current group limited

Cheers Greg this is an excellent point.

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Plague

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13/09/22

16:55

Post #: 63676273
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Originally posted by gregfloorworld: ↑

Hi Plague.

One thing to consider when comparing NAV to market cap. PAC as a business loses approximately $12mil before the group boutiques add to the bottom line.

On a multiple of 10x this could equate to $120mil discount to the NAV. If the boutiques were sold separately and PAC closed up shop is probably the only way it will trade on an equal footing.

A company like PNI creates enough revenue outside their boutiques profits to break about square. Maybe when PAC gets bigger and creates more scale though commissions and back office assistance the gap to NAV may get smaller.

Cheers Greg

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Cheers Greg this is an excellent point.

PAC Price at posting: $7.05 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $10.38		Change -0.005(0.05%)		Mkt cap ! $535.8M

Open	High	Low	Value	Volume
$10.38	$10.41	$10.33	$14.98K	1.443K

Buyers (Bids)

No.	Vol.	Price($)
2	81	$10.37

Sellers (Offers)

Price($)	Vol.	No.
$10.39	64	8

View Market Depth

No.	Vol.	Price($)
1	38	10.370
5	461	10.350
1	70	10.340
1	70	10.330
3	630	10.320

Price($)	Vol.	No.
10.390	48	5
10.400	161	6
10.410	1026	4
10.420	294	1
10.440	500	1

Last trade - 12.20pm 14/05/2024 (20 minute delay)


Last $10.39			Change -0.005 ( 0.68 %)
Open	High		Low	Volume
$10.40	$10.40		$10.39	18
Last updated 12.27pm 14/05/2024 ?

PAC (ASX) Chart

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