I bought in more today but my heart was not in it. I think you may find some more bargains over the next two weeks but I have also noticed that there are many that have bought in the market. I am trying to understand the new substantial holder. They obviously got 10% of the placing. That's huge. But they own 9.2 million shares but only disclose purchases of around 8.636 million. They disclosed purchases from June 2015 to date so you have to ask the question did they hold around 570,000 prior to June and have not disclosed those. They are not obliged to so that is what I read into it. Dont know them so looked them up. Could not find out how much FUA they have.
However seem to be a long term player and say they are conservative - so could be a great investor for PGC.
PGC Price at posting:
58.2¢ Sentiment: None Disclosure: Held
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