I love your optimism, however, whichever way you look at it, there is going to be massive dilution, so regardless of what the NPAT is, the share price is going to take a massive hiding on relisting, and with the 1 billion+ shares that are likely to be added to the registry, it will never recover to $1. The NPAT is not as much the issue now as what the EPS is after relisting. I would think that they will ditch the dividend and possibly instigate a share buy back in the future.
PGA Price at posting:
$18.36 Sentiment: Hold Disclosure: Not Held