Hi All
Am I reading this correctly, page 2 paragraph 2, reported profit to be in the order of $92 Million approximately $68 Million more than it would be if no change was made.
What are everyone’s thoughts on this? This is almost $2 profit per share.
I know it is a one off, but would this mean the share price is significantly undervalued? IML was always the asset underpinning the value of PAC in the dark days. The board would definitely have been voted out at the time if they had reported the loss as recommended by ASIC (recommendation one year too late from the regulator).
Best of Luck
Lost
Hi All Am I reading this correctly, page 2 paragraph 2, reported...
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Last
$10.77 |
Change
-0.040(0.37%) |
Mkt cap ! $566.3M | |||
| Open | High | Low | Value | Volume |
| $10.76 | $10.88 | $10.61 | $1.247M | 115.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1755 | $10.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.80 | 4131 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PAC (ASX) Chart |
