Agree with your analysis, however have you taken into consideration they indicated they could strip $150million off the cost of production by going overseas for their product? It would be good if they can implement their objectives and bring cost down to a minimum whilst increasing their volume and margin.The long time sufferers that went in around $2 to $3 would be able to average down their unit cost.
PBG Price at posting:
69.0¢ Sentiment: ST Buy Disclosure: Held
