Professional
Added to YB: 2025-01-06
Pitch date: 2025-01-06
PAC.AX [bullish]
Pacific Current Group Limited
Author Info
No bio for this author
Company Info
Pacific Current Group Limited engages in multi-boutique asset management business worldwide. It manages assets for institutional and individual clients.
Market Cap
AUD 618.0M
Pitch Price
AUD 11.93
Price Target
13.70 (+15%)
Dividend
3.21%
Sector
Capital Markets
Category
special_situation
Pacific Current Group: Buyback Catalysts and Post-BB Upside
PAC.AX: EGM notice filed, uncertainty if major shareholders join $12 BB with NAV at $14.5 and post-BB $16.7-$17. Likely successful BB due to retail, partial insto & large holder tenders. Post-tender wind-down mode, few active investments. 15% gross return potential in 4-6 months. Low-risk, liquid trade with downside protection.
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