Well, one school of investors, the likes of ( instu's, and conservative players) may be hesitant to get into this type of a company that grows by M&A.
The instu's are reluctant as PGC has a short organic growth history, high risk of Execution and Huge CR , the previous one tripled the MC. they will be inclined to get onboard once scale and stability are obtained.
On the other hand, PGC business proposition is at the right place and right time, it has to happen and someone has to Execute it, they may be the first and they are definitely moving in big strides.
These Large Acquisitions can create slight insecurity with the investors, due to the many moving parts. as we all like stability with a small spike of excitement or volatility, rather than Aquisition that are larger or as large as the company itself.
It Is a bit like observing someone building an inverted pyramid starting with a small base and adding larger pieces on top. the difference is that with time as synergy and amalgamation takes place, what has been added becomes part of the foundation and is no longer a stand-alone part and the company has a much broader product base and distribution channel, it is the only visible method to conduct it, and IMO this is
a good chance to accumulate more. even though we can hang around here for a while.
it is the future of PGC that I'm investing in. got to see beyond the temporary clouding
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $777.9M |
Open | High | Low | Value | Volume |
47.5¢ | 47.5¢ | 45.5¢ | $101.9K | 218.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 97093 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 13527 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 97093 | 0.450 |
1 | 111500 | 0.430 |
4 | 49189 | 0.420 |
1 | 20000 | 0.410 |
1 | 25000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 64952 | 1 |
0.480 | 167115 | 7 |
0.485 | 106759 | 4 |
0.490 | 206013 | 7 |
0.495 | 185000 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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