Apologies everyone when I asked whether RG has ever paid a premium for anything I forgot he has always been a regular buyer of PACT shares regardless whether the share price is high or low. I need to think before I post! I’ve never understood people who regularly buy shares rather than wait until the share price is low. Although I guess when you’re buying huge volumes you move the share price so you can’t really ‘time the market’. Also I guess the regular purchases may be about retaining control over the company as well as helping to keep the share price up by encouraging other investors in the health of the company. Because he wouldn’t be buying shares if he didn’t think PACT was a company worth investing in
PGH Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
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