On the ASX bigger is generally better. More attractive for funds to invest, inclusion in index funds and more likely bigger players eye you off for a take over target.
our current EBITDA is annually around 35k so to forecast 95k is a big lift. Add to that $5M cost savings, a more diversified business and merge partners took stock at a premium to closing price I'd say so far so good.
negative is the current share price is less than half our pre Covid price so not the optimum time to let others in as they get it for the discount price. A year ago it was worth 25% more even!
still hold sentiment but edging closer to buy
PGC Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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