Tax loss selling is killing the share price at the moment.
Watching the news on the company they still seem to be getting new mandates and work + adding new people(best to google news on the individal companies like Naked, BMF, BWM, Frank PR etc).
The questions is whether this new work is enough to turn around the earnings drop and loss of momentum which occurred last year and reflected in the earnings end of last year and going into this year.
I'd like to see an announcement mid July as an update including guidance on compliance with debt covenants.
PGA Price at posting:
68.4¢ Sentiment: LT Buy Disclosure: Held
