Rumandcoke's thoughts have me still wondering.M&A opportunities or an acquisition evaluation can't sit and wait around months until an AGM. A CR could. And PNC could do with funds given that they need to borrow so much to purchase debt ledgers (up to $120m in borrowings). That's a lot for a small company.
We are also entering a new era for the credit (lending) markets with potentially higher interest rates on the way.
I would like to top up (again, as I did a week ago) but I am a bit concerned about a CR and what it might do to the Short term share price. Though if they did a CR i would be surprised if it was say less than $2.70 so maybe a purchase at that level is safe anyway.
Will find out soon art the AGM I guess
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Rumandcoke's thoughts have me still wondering.M&A opportunities...
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Last
61.0¢ |
Change
-0.020(3.17%) |
Mkt cap ! $73.69M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 60.0¢ | $53.12K | 87.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11787 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 2007 | 2 |
View Market Depth
| Last trade - 11.51am 18/11/2024 (20 minute delay) ? |
| PNC (ASX) Chart |
