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.).
Ann: September quarter activities and cash flow report, page-58
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PNN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $12.03M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $12.30K | 91.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65401 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 10777 | 1 |
View Market Depth
| Last trade - 12.13pm 27/06/2024 (20 minute delay) ? |
| PNN (ASX) Chart |