PGC 0.00% 41.0¢ paragon care limited

Ann: Merger of PGC and CH2 Holdings, page-25

  1. 3,369 Posts.
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    Yes i can see , probably selling by the majority shareholders for profit taking and or to bring in institutions. Interesting merger, with PGC Asian focus its going to be interesting. It appears the new company is going to be a mini EBOS with its product range.
    I took a holding in PGC as it appeared to be seriously undervalued and with expansion in Asia potential to re-rate the share price. or a takeover at a profit.
    But I assume the new identity share price after all this is going to be already at fair value without an increase in share price. Hopefully during this transition period which could take a couple years, the company continues to pay a dividend to cover the cost of having a holding of shares at the bottom of the draw.
    Anyway could be a winner for the retail investor already holding in the future. Note; all is speculation until their is a presentation of the combined entity or results at year end.
    good luck to holders
 
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