re: Ann: Half Year Accounts - Presentation Br... They can't...

re: Ann: Half Year Accounts - Presentation Br... They can't afford a buyback. This is why they are having a DRP- so the money comes back into the company for use by the company, at the expense of dilution. It is the right move.

Some of the one-year targets from major brokers are @ 59c-60c, so the market may begin to buy shares in PBG soon:

http://www.fnarena.com/dsp_recommendations.cfm?searchsymbol=pbg

Meanwhile, the market rose in anticipation of asset sales, so may rise again if PBG can sell peripheral assets and concentrate on the main game.