Certainly feels like it at the moment, however remember Specialty Fashion was 10c less than 18 months ago and is now $1.92 after selling off its loss making brands. I'm not saying we can expect anything like that here, but it just shows how market price doesn't always reflect value. We can only hope that Houlihan Lokey/Colliseum have a plan to realise value from this portfolio of businesses, but not much we can do now other than sit on our hands.
PGR Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
