Wouldn't call that downramping. Merely a trader.
I like the look of PNN, things that turn me off:
- Talk of the poor quality of tenements (but I guess look @ agy who are making their sub-par tenements work, at least for now)
- The name sounds absolutely ridiculous to me, I know a stupid reason to not like a company.
- At the current rate, there is enough cash for one more quarter. This is irrelevant really though as if results are bad SP will tank regardless, if results are good a CR won't have much of an impact.
Positives:
- The MC is so low and one of the cheapest lithium plays on ASX (similar to RLC).
- Broad portfolio of potential projects
Will probably jump in tommorow, I think this should be valued at ~$30mc based on similar plays (e.g. LKE, ASN, Li3 etc.).
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Ann: September quarter activities and cash flow report, page-58
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Mkt cap ! $10.01M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 54347 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.0¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 54347 | 0.092 |
1 | 10000 | 0.087 |
1 | 6171 | 0.086 |
1 | 100 | 0.084 |
1 | 20000 | 0.082 |
Price($) | Vol. | No. |
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0.090 | 2000 | 1 |
0.091 | 9712 | 1 |
0.115 | 115000 | 3 |
0.120 | 9612 | 2 |
0.125 | 57819 | 2 |
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