Pact Group falls on debut

DataRoom: Packaging group sheds 8% in opening minutes of high-volume trade.

Raphael Geminder-chaired packaging empire Pact Group is struggling to find investor support on its debut, shedding more than 8% in the opening minutes of high-volume trade. It came shortly after fellow newcomer GDI Property Group shed more than 10% on debut.

Pact dropped 8.2 per cent at 1220 AEDT, five minutes after listing, against a broader benchmark index rise of 0.36%. At the time 4.96 million shares in the packaging group had changed hands.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles