Been quite impressed in this stock since reading about it in the Alan Kohler Eureka report a few months ago .
At the time Alan discussed the company having a focus on growth in revenue, earnings and EBIT and being in a good position to take advantage of the ageing population
It has also been suggested PGC has the potential to being capable of commencing a dividend as early as in the current period
Has anyone any idea on when the company is due to report and if the dividends are likely to commence following the 2013/14 result or be a part of the current result .
If the balance sheet is correct PGC appears to have debt , of over $5m , a maiden dividend seems to be a strange priority if the company still has debt in excess of $5m , a market cap of only $10m and is so early in its growth cycle .
Be nice to know what the consensus is on small companies , pay dividends to shareholders , or reduce debt and invest cash flow in to growth ?
I can see benefits to both .
PGC Price at posting:
33.5¢ Sentiment: None Disclosure: Held
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