Agree, you have enunciated concisely the debt concern I have had for some time now, so why hold. (1) they are in a in demand product area that is growing. (2) their is a definite takeover potential here possibly by likes of Ebos which is expanding into the medical device market. (3) the cost cutting as a result of the restructure of the various business units will yield significant savings. So yes investment in PGC is not without risks but that is the nature of investing. I am a strongly contrarian investor, I have even got shares in AMP!!
PGC Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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