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Hi Liz - yes you are correct re debt. Total debt is the $450k debt facility at year end + the new $1.8m AxisHealth acquisition facility.
Also note the strong director buying over the last few months, including Tim Blance aquiring 24mil shares in the June placement.
The first placement (8mil shares) announced at the time of the AxisHealth deal (28 April) was to the husband of the Lifetime Planning Manager (Sue Woodruff).
Share prices follow earnings....buy EPS growth!!
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Originally Posted by steve fleming
2.5 cents was taken out on the close today.
This is kinda significant as PGC has closed at 2.5c SEVEN times over the last 5 months, but has not once broken through.
Will next week be the break out, or will it fail again?
3c - got the break out - on low volume though.
Share prices follow earnings....buy EPS growth!!
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Yes, I saw that. Well done Steve!
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There is an order of 500,000 on the bid at 0.029.
last trade at 0.027.
how long it takes for this order to get sold into will give an idea as to the near term strength of PGC
Share prices follow earnings....buy EPS growth!!
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Originally Posted by steve fleming
There is an order of 500,000 on the bid at 0.029.
last trade at 0.027.
how long it takes for this order to get sold into will give an idea as to the near term strength of PGC
Huh??? not sure I actually get what you mean here steve.
No offence mate, but this health stock seems more like a mortuary stock..lol, As in it doesn't really move, does it?
Is there something behind the underlying lack of movement in price or something?
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Originally Posted by drillfix
Huh??? not sure I actually get what you mean here steve.
No offence mate, but this health stock seems more like a mortuary stock..lol, As in it doesn't really move, does it?
Is there something behind the underlying lack of movement in price or something?
Drilly, this is a patience play...
nobody knows about this stock...
there were 3 (only three!) posts on PGC on hot copper for the whole of 2009!!
When people find out about it the price and liquidity increases, so you buy in earlier before it runs....
Its a very different strategy than buying the latest h/c pumped hot stock.
The fact that someone is sitting there with a 500k order above the last trade price is positive.
if it sits there for a while, it will show that all the sellers under 3c have gone.
If it is sold into quickly, then there is still going to be reasonable resistance at 3c.
Share prices follow earnings....buy EPS growth!!
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Thanks Steve, your always great at explaining things.
I dont really follow HC P and D stocks, ADO is one which I have tracked for reference only and my educational needs. Have not traded it. Had an order in to buy but did not get filled. Then left it as its a dumper now.
I have some longer term holding stock so its not all just day trade and it dont move in 5 minutes then I am out....lol
Interesting all the different ways of people on this forum, I must say
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Originally Posted by STRAT
I see strong resistance at $10
Ten Year Chart
LOL STRAT, your a card mate, love it~!
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Originally Posted by steve fleming
Drilly, this is a patience play...
nobody knows about this stock...
there were 3 (only three!) posts on PGC on hot copper for the whole of 2009!!
When people find out about it the price and liquidity increases, so you buy in earlier before it runs....
Its a very different strategy than buying the latest h/c pumped hot stock.
The fact that someone is sitting there with a 500k order above the last trade price is positive.
if it sits there for a while, it will show that all the sellers under 3c have gone.
If it is sold into quickly, then there is still going to be reasonable resistance at 3c.
Steve: You'll be pleased to hear that I have just bought 500k PGCOA at 1c. And the presence of a buyer of the heads at 3c has given me added confidence.
I like the fact of the long-dating of the options.
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