Any pull back if sizeable after going ex-divvy I would treat as a buying ( top-up) opportunity The divvy is not that large anyway, so cant see why it should pull back much. I recently entered at around 80c and am holding for the long term as this is one of those few stocks with likely good potential for capital growth and paying divvies which I am sure will also grow as the company does. I think it was Bell Potter who had a 1$ price on them in the medium term and considered the management to be highly competent. PGC is in the right business( health related in an ageing population environment), and as I guess a lot of the medical equipment is imported then a high $A is in fact a positive. I've been trolling all the divvy stocks for the diamonds in the rough, and this is one gem I wanted in my portfolio.
PGC Price at posting:
93.0¢ Sentiment: Hold Disclosure: Held
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