A couldn't get into the float and bought on market and am happy with the price.
I bought because my wife and daughters love Metalicus! And the numbers and dividend looked good to me.
Maybe the general gloom about downgrades in retail, but the company has reaffirmed prospectus guidance. Hope they are correct.
I don't understand why someone would buy in a float at $1:15 just to dump on market at 20% less a week later on no news. Maybe newbies with their first shares who got spooked.
PGR Price at posting:
$1.02 Sentiment: Hold Disclosure: Held
