not going to argue over motivated senior team. Concern to me is the fact they still aren’t repaying any NAB debt due to being able to defer due to covid. A true indication won’t be known until these repayments are taken in to account as they are substantial given the debt levels accrued. Covid jobkeeper was a saviour at the time due to dwindling income. Let’s hope the LEAN strategy allows them to overcome the shortfalls and progress as they should have been all along
PGC Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
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