Caketin - you ever going to buy this one or is it never going to get on your to do list?
I think that the cap raising was not placed in safe hands and that some of these Sophs are in fact only into a company if it can get this a quick return. with all the other bigger players around and opportunities galore a small bit player will always struggle in my opinion. I am happy to accumulate over time and to get a bit more of these as the gearing - The biggest concern for me has dropped to acceptable levels. the business looks good and the mic looks good as well.
I am happy to wait 24 to 36 months for this one to reach a fair value.
PGC Price at posting:
34.0¢ Sentiment: None Disclosure: Held
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