I reckon market would reward the company is they abandon their $100m ebitda target as market expects more dilution.
Board needs to communicate a capital management framework ... eg pause and buy back stock if price too low, issue stock in M&A if accretive.
Issuing stock at any price will destroy shareholder value and drive share price into the ground.
I reckon market would reward the company is they abandon their...
Add PGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $695.2M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.3¢ | 41.5¢ | $69.87K | 166.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55290 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 48206 | 17 |
View Market Depth
| Last trade - 12.12pm 05/09/2024 (20 minute delay) ? |
| PGC (ASX) Chart |