PGC 4.76% 44.0¢ paragon care limited

Looking at the most recent report operating cash flow of $15.5m...

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    Looking at the most recent report operating cash flow of $15.5m in a half is incredibly positive for this company which has previously struggled to convert earnings into cash.

    Masked a little bit earnout payments, but if they are mostly done then cash flow like that will give the company great flexibility to choose between strengthening the balance sheet, investing in further growth and / or paying dividends. Of those three options I hope they prioritise the first 2 options.
 
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