PGC 1.14% 43.5¢ paragon care limited

Ann: Merger of PGC and CH2 Holdings, page-9

  1. 322 Posts.
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    At least some explanation for the late return and a softener for the not so good HY performance.

    While a different Paragon than the past with Walstab at the helm, it is heading back to where it came from when it was based at Scoresby i.e. healthcare equipment

    New board is good i.e. getting rid of old wood, but1.5bn shares means further dilution. However my calcs based on EBIT (not NPAT) is $0.058 per share which is still better than current. Maybe a consolidation of shares down the track if it hits ASX300
 
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