PGC 1.15% 43.0¢ paragon care limited

Just options expiry pressure keeping the stock so low IMO...

  1. 5,980 Posts.
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    Just options expiry pressure keeping the stock so low IMO keleher

    40c down to 22c has made PGC very cheap .

    The lower price will actually be good for the stock as less options will convert at a price I believe to be to dilutional .

    25m shares at 22c is a market cap around 6m

    14m options outstanding .

    As long as they have between 3m-4m revenue for the QTR and are cash flow positive ill be happy .

    Hospitals tend to spend their money at the start and end of each financial year .



 
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