Its amazing how this share and company have matured. However at the same time its also amazing that a shortage of stock early on can push it up 1.5cents or 3 pips. So we still have a long way to go. The next hurdle for me is the company acquisition or probably acquisitions that will push it into the ASX300.
I started looking at that and realised we need between $250 million and $300 million market cap to hopefully ensure a seat at the table. Thats a long way off.
If the company can get to 7c eps in 2017 can we see it hold a $1.00 price tag with a 15 or 16pe...
We do really need another business or more likely businesses that compliments what we have and delivers around $7 million in NPAT...
That could cost anywhere from $40 million to $60 million - my opinion...
They have been very quiet for a while I think the M&A action will start again after all the noise around government funding for health has settled down ...
Anybody have anything to discuss...
PGC Price at posting:
83.5¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)