Me too olddizzy. I recommended PGC on HC yesterday. Imagine my dismay when I see that the bugger has tanked 25% today.
I'm buggered if I know why it has. They wouldn't spin it off if it was a massive money earner and it may prevent the need for future cap-raisings if further acquisitions are on the cards.
I can see why PGC are streamlining their business. The "one stop shop' idea is very helpful to the medical / health services industry. If the synergies between looking after the oldies and the medical supplies / services aint value adding then bravo, sell it off.
I honestly expected the opposite reaction from the market ....
Stupid market....
Me too olddizzy. I recommended PGC on HC yesterday. Imagine my...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
36.0¢ |
Change
-0.035(8.86%) |
Mkt cap ! $595.9M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 35.0¢ | $255.3K | 698.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 16493 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 13867 | 6 |
View Market Depth
| Last trade - 11.02am 25/06/2025 (20 minute delay) ? |
| PGC (ASX) Chart |