Another way to look at it is PGC's share price is still being punished for the sins of the past and not fully valuing the ongoing turnaround- reluctantly moving higher only once things fall into place, and the potential of this particular deal is like a bonus call option which the market is not pricing as being of any value.
Given it will take a couple of years for the company to continue its turnaround and move up from being rated as a rabid dog to a mongrel- then we might just see the fruits of this deal help it find some real pedigree and if it doesn't, it won't have cost the company very much to pursue.
Another way to look at it is PGC's share price is still being...
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Last
41.3¢ |
Change
-0.003(0.60%) |
Mkt cap ! $678.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 41.0¢ | $49.15K | 118.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 167425 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 468782 | 11 |
View Market Depth
| Last trade - 14.08pm 21/06/2024 (20 minute delay) ? |
| PGC (ASX) Chart |