I like the fact that a share price as tighlty held as PGC can easily move from 4c to 6c , rather than 40c to 60c , theorotically it is the same it just sounds more difficult .
Eg BEC moved from 1.2c to 3c yeasterday
Would it have moved from 12c to 30c ?
On the other hand making acquisitions using your stock as calleteral is the best means of maximizing our returns , and as a previous business owner , if a public company came to me offering 4c scrip for my business id be nervous about swapping my business for a company with such a low share price
All perception as it makes no difference , but after speaking with Shane Tanner the chairman about it , I sort of understand the thinking behind it
On a positive front the company is doing well , and i have no intention of selling for a long long time .
PGC Price at posting:
44.0¢ Sentiment: LT Buy Disclosure: Held
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