PGC 1.22% 41.5¢ paragon care limited

Ann: FY23 Results Announcement, page-7

  1. 6,134 Posts.
    lightbulb Created with Sketch. 2845
    That is a good result. Unfortunately not many are looking at it to notice. It is also good to note that PGC suffered from the Icarus Syndrome in the past. This has burnt a lot of hands when it bit off more than it can chew on M&A. Once bitten twice shy...
    https://hotcopper.com.au/data/attachments/5549/5549469-fe8b227cc39d7dff332575de6a0fd0fd.jpg

    Regardless, I added a little more to the LT holding. I would like to add a lot more but the liquidity on this makes it a Lobster Trap. Easy to get in hard to get out. Just a small top-up will do until the liquidity improves.
    https://hotcopper.com.au/data/attachments/5549/5549531-19dbfb0c8fc7c03392ef8cdb20ec81cf.jpg

    Sentiment updated from hold to buy based the green shoots of the FY23 Results.
 
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