PGC 2.27% 43.0¢ paragon care limited

Acquisitions and rights issue

  1. rl
    74 Posts.
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    PGC Paragon: Medical Supply (equipment – beds castors etc) business… Professional and Sophisticated investors only… placement and rights issue, led by Bell Potter. 55% accretive acquisitions, and moves away for the highly lumpy capital equipment mix of 70% to 30% now, with consumables taking up a bigger proportion… so will be well supported I would imagine. Prospective PE around 10 and yield around 4%FF+ BP BUY
 
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Last trade - 14.48pm 04/09/2024 (20 minute delay) ?
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