Lets just say it's looking safer babymonster. If your new to this game, you've chosen a good stock to start with. There is no "blue sky" opportunity built in, and no following to speak of on forums like Hotcopper (=+). It seems to be priced reasonably at the moment as best as I can glean from Joe Wolf and Firsova. I'm not very good at valuing companies, but I'm a bit better at chart analysis. As opposed to very many ASX stocks in this price bracket, at least this company justifies it's market cap, and a little extra based on what they have achieved so far. I think the risks of it going sub 40c are much lower than the chances of it going over 60c. You'll have to decide you own appetite for that.
PGC Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
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