It looks like the fundamentals have truly changed for PBG.The cost has been kept down, margins have gone up. Not only that, the ozzie $ is also strengthening. The fund managers are backing it all the way. Having been through a nightmare public relation exercise, PBG is on the mend. This is reflected in its share price.I am surprise many brokers are starting to rate it a buy with some having a target of $1.50 - $1.80.
PBG Price at posting:
$1.34 Sentiment: ST Buy Disclosure: Held