30 cents sounds a realistic target. Firstly needs to get though the wall or resistance at 22.5 to 23 cents and appears there could be also another resistance at 25.5 to 26 cents.
Hopefully I would like to ride this one out , hopefully rumors of a take over offer is just that a rumor. On comsec fair value is 49 cents. Which I feel is reasonable. In the meanwhile happy with the dividend .
PGC Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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