why sp is low?, page-56

Hi all.

Wishing all the pgi'ers a merry Christmas and a happy new year. Hopefully in the new year management can sort out all the issues and the share price can rise. Sadly what I predicted at the beginning of the year of 2 cents happened. It was easy to predict the outcome. The coming year is going to be harder to predict. The company has done well to reduce its mac debt down, put its still has nearly 30m of debt combined. The rate of paying off the debt will decide the share price. Slow payments and we will see the share price lower. High debt reduction will result in a positive rally.

Have t heard from Paul, hopefully he is alright. As for me trading this share again, I may pass now. It's extremely hard to predict price movements, and the trend is down.

Archer gave us all some valuable information when he rang up the company. If the company rep wasn't positive. For me that's Alarm bells and I won't be following pgi anymore. Shame as I thought this could be a turn around story some time down the track. Hopefully it is for people. As for 10 cents again. I can't ever see that happen unless they consolidate the shares