As a long term holder of PGC I am concerned with the decision to ask shareholders for approval for a capital reconstruction. After many years of following the market I am convinced that these types of arrangements invariably lead to the erosion of value for shareholders.
The argument that it is inconveient for the company to have a low share price can easily be rectified by making some profits and paying down debt.
Any contrary views will be greatly appreciated so we can get some discussion going!
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Last
40.0¢ |
Change
-0.010(2.44%) |
Mkt cap ! $678.6M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 40.0¢ | $2.539K | 6.347K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13695 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 21770 | 2 |
View Market Depth
| Last trade - 09.59am 23/06/2025 (20 minute delay) ? |
| PGC (ASX) Chart |