Sorry to have a contrary view - PGC historically already holds that prize @23.5c In June 2014 and ended the year June 2014 @26c and only traded @34c after the results announcement. It took about 6 months from then for the value to emerge. at 30 June 2015 it was 59c so more than doubled.
You would be correct on the present basis but really I am not sure I want any more awards like this - I just want it to return to the green Caketin line - the red one is just too bad to contemplate right now.
PGC Price at posting:
58.2¢ Sentiment: None Disclosure: Held
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