Weather forecast: $2 by 18 March, page-154

  1. 34,442 Posts.
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    1PG, is not subject to crude oil price, less depends on macro factors;

    The $48m cash on hand, means No medium term capital raising risk;

    The 75% drop from its 52 weeks' high, means Low downside risk;

    The 83.6% held by top 20, and Harbour Asset Management invested $35m at average price of $2.50, means there are good interest from funds and holders.

    1PG is a great ST player at $1.50s, in my view.
 
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