Caketin it would be orderly - I think it took on far too much equity in the Cap raising. Personally I think some of that is now part of the fallout as the buyers were hoping for a full run to 50c. Personally I thought the 37c was about 2 cents too high. I thought it should be done at 35c. sometime given folks a slightly lower in makes them keep the stock but then you have the stags who just want to roll it for a profit. I am going to trade this one on weakness buying in and on strength sell those trading shares into it. Could make me a nice little profit over the period.
I do think that they will look much better at Financial Year end as the first half has been flagged to have been the weaker half.
I agree with COF - I held on too long and sold for a loss last year.
PGC Price at posting:
32.0¢ Sentiment: None Disclosure: Held
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