I have been a holder of the stock for quite a long time , and like you believe the business is progressing well and have been most impressed by the lift in revenues and the maiden profitability the company achieved in 2009/10
In talking to the company and reviewing the website links of the business on the paragon website my personal opinion is of the 5 business I looked at , are that the medical equipment businesses of Axis health and Iona will be much larger than the aged care businesses of Lifetime planning, Tender living care , and ascentor .
The company however has stated in its releases it continues to look at add on busineses to compliment the potential associated with an ageing population and medical product sales , so this assumption could change depending on whether or not the acquisitions have stopped or will continue.
I hold Pgc and PGCOA
PGC Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held
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