PGR's Designworks could potentially benefit from this weeks BLK sports apparel administration. There will be plenty of sporting organisations looking for the kind of services it offers and there are not many competitors of scale in this space.
Gold Coast based apparel companies do not have a good solvency history, I refer to it as the fraud capital of Australia, not suggesting any fraud in this instance just a euphemism.
PGR Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
