PGX primero group limited
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Ann: Recommended Takeover Offer for Primero Group, page-8

  1. Tedbutt
    56 Posts.
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    24/11/20
    12:29
    Post #: 49098552
    Agree with you on this. The language suggests PGX was feeling the crunch on working capital due to the non payment of the Wartsila claim - the reference to NRW providing a $10m working capital facility pre-acquisition highlights their predicament. Still, I have had worse outcomes on other shares ...
    PGX Price at posting: 53.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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