Yes I have a good opinion on ptr....even though not much has happened since 2011 .
They do need some activity...pref that they get some JV going.
But on the good side no bad news on the horizon
By the time they drill in second quarter which is no very far away could see a 10fold increase in its share price because have all the federal gov grants to pay the bulk of expenses plus beach to kickin most of the rest.
Add the fact that they don't have many shares issued and savings from the 23per cent Carbon Tax.
You have a stock with lots of upside ....and no down side from its current 2 to 3 cents price.
To get to a price of 6c pr share being a 100 per cent increase...don't need a lot of buyin.
Has two major holders that probably wouldn't sell in the low teens and one has increased it's holdings and they expect to hold L ong term.
Yes ptr are good value with the drill due in the short term.
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PTR
petratherm ltd
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39.0¢

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Last
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $135.1M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.0¢ | $196.4K | 503.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 32102 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 15154 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 32102 | 0.380 |
1 | 12898 | 0.375 |
1 | 2941 | 0.370 |
1 | 13888 | 0.360 |
2 | 2963 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 15154 | 1 |
0.395 | 45000 | 1 |
0.400 | 163819 | 5 |
0.405 | 55000 | 1 |
0.410 | 21643 | 2 |
Last trade - 15.52pm 29/07/2025 (20 minute delay) ? |
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PTR (ASX) Chart |