conservative choice, page-7

thanks for that.Interesting Comment in the Australian yesterday

"Overall the record for private equity relistings is mixed, but in retail there are success stories. Research completed last week by the Australian Venture Capital Association shows JB Hi-Fi, listed in 2003, having a total return of 546 per cent. Just Group, listed in 2004, returned 77 per cent, but Pacific Brands returned a bare 9 per cent."

or this in the australian today

"it was the marked fall in overall business conditions that surprised most and sent retail stocks, such as Pacific Brands, down sharply across the board yesterday afternoon."

i think koro may be right about shorters in pbg, and sentiment for the stock seems to be low.Will be interesting to see if company's position at end of financial year reflects all the gloom and doom at present.If it hits 1.70 i am thinking of buying more!