Just a thought that this PGL could be a good thing for more than one reason.
Firstly, the obvious being fewer shares on issue so higher EPS than otherwise.
Second, it might provide support for the PGL share price that I feel gets manipulated on generally very small trading volumes daily. Most days, volumes are less than 100k shares. If they buy on market, this could provide support so that it does not return to form SP levels.
The results were very positive yet the SP pulls back from the initial bounce on very very small volumes.
Just a thought that this PGL could be a good thing for more than...
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