Although the previous post seems to have used the wrong code, the question is still the same - why did PGC surge 80% in one day - not that I am complaining......
I read the announcement and the one sentence that stood out was:
"Consequently, revenues for the FY20 year are likely to exceed $220m (FY19 $236m). "
This combined with the cost saving measures does make things sound promising for a change.
I am GUESSING that the good news combined with a few short-sellers being caught on the wrong foot is the reason for today's welcome surge.
When I saw PGC at 12c yesterday, I was having thoughts of cutting my loses and getting rid of PGC - sometimes not being able to make a decision is a good thing)
Although the previous post seems to have used the wrong code,...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.020(4.76%) |
Mkt cap ! $728.3M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.5¢ | $861.6K | 1.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 111901 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 51934 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PGC (ASX) Chart |