PGR 0.00% 5.6¢ the pas group limited

PGR and MYR, page-3

  1. 324 Posts.
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    I think you are right about only the two of us following this on HC. To say this is thinly traded is an understatement, but I would really like to know who the seller(s) are and what they think (including those that sold to me yesterday at 24c). I can understand that some will have the view that this may fall further if they announce a worse than expected H1, but the long term story and underlying value are intact. 12-18 months ago most investors wouldnt sell for 51c(and coliseum and kestelman considered it worth much more), but now they will give it away for 24c. Difficult to follow but I guess the volumes are so small they dont mean much. In addition to the H1 trading update, Im also keen to see if houlihan lokey are earning their keep, as it is likely to be some sort of corporate activity that will be needed to unlock the value here.
 
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