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Paragon Care (PGC) – Ceasing Coverage

    Home Latest Research Paragon Care (PGC) – Ceasing Coverage
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    Paragon Care (PGC) – Ceasing Coverage

    By admin | Latest Research | 0 comment | 22 February, 2018 | 0

    Paragon Care logo

    Following a research review, we are ceasing coverage of PGC to focus on WA-based industrials. PGC currently has a $70m capital raising underway to help fund a number of acquisitions and continue its consolidation strategy. The new businesses are expected to be accretive to earnings and we believe the risks associated with the integration of these large acquisitions are mitigated to a degree by successful strategy execution to date. We cease coverage with a buy call and a $1.20 valuation.

    To access our review of Paragon Care please log in under the Client Area Log In at the bottom of this page.

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