I think the ultimate test is if the market on a slightly red day is 3% up then I think overall the market likes it. Had they announced a large transaction that just added size and wanted to borrow and issue more than I think the market would have been negative...
Many who hold are wary of this roll-up working every time they make an acquisition and in fact, that is why I like this acquisition so much.
The more I look at it the better it seems.
Wow, they may even be able to use the online ordering system that Western Biomedical has which seems to be a significant point of difference...
Their Website is comprehensive if a bit sparse... However, they seem to have a depth of management
This is one of the few occasions that I will say buy as I think we are a year away from getting into the ASX300 and that should increase the audience dramatically...
PGC Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
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