In the hope that in the future the real value of the company will be realised. Extending can not be for ever. 12 months max. If you need your money before than perhaps sell on the market for more than the 84 cents. He Needs 90% and only has 87%. The last 3% is going to be significantly harder than even the first 25%, In addition thanks to manipur and co, there is going to be a government panel review the buy out. This is going to be very interesting.
The company had revenue of almost $2 Billion dollars last financial year. Could you imagine what would happen if it was able to increase prices by just 2% (and everything else being equal) ? I am sure profits can improve from the negative seen last financial year!!! and I am sure RG knows this!!!!
PGH Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held
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