I’m not so sure that some selling hasn’t already started. For example, I’m participating in the DRP so I already know how many additional shares I will be allocated. If I wanted to make a quick profit I could sell the equivalent amount of shares now @ 34c knowing they will only cost me max of 25c. Shares went ex div on 13th so risk free trade (except if shares trade above 34c in future). The 17th is the deadline for the DRP election to be made. My understanding only so DYOR.
PGC Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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