$30,000 is not a massive , but nonetheless is usually a positive indicator that the company is travelling better than Mr market gives it credit for.
The fact the MD has basically increased his holding by about 15% ON MARKET makes me think the board feels the fall in share price needed a sign of faith by those inside the company to show those outside the company that they believe the stock has fallen to far since they did the cap raise at 0.37c.
I agree on fundamentals at .25 PGC is expected to pay a full year 1.5c Fully franked dividend , a 6% yield .
We just need to see just what the full year EBIT is compared to 2013 , when the stock was mid 40's .
PGC Price at posting:
25.0¢ Sentiment: ST Buy 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)