I don't see an issue with the overhang, if these boys deliver growth (which I am sure and confident they will)… they will be a sought after stock.
Also, don't see an issue of founder shares coming onto the market.
You should back these guys as well...
With regards to Wartsilla being a one off - who cares as they build projects they will build recurring revenue... by comparison TPP have gone backwards at a rate of Knotts whilst these boys have gone forward in a tough market....
Forget the big has been names, I would back the "Do-ers"...
Go Team Henry & Ercegovic !!!!! better than Team Bontemo & Belgiorno Nettis….
PGX Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held