@tretchikoff, What are your thoughts on the upper range this can reach while it awaits drills come May? Comparatively, I believe devex sat circa 75M and pulled a bit to the high 60s as it current awaits its drill results. Now, there are obviously differences in ground & lead up results as well as technicals, funds, other projects (gladiator), DEV's results themselves, etc that will all account for a variation in market caps between these two pre-drills, however, given that the MC for a spec miner without resource can only be a measure of the market's confidence in mineralisation, I'm of the opinion that it will settle anywhere around the 9-11c region by May. I think the volatility & noise (hype, next investor pumps, etc) can see it trading even in the teens temporarily, but after this clears when DT close their positions and with a lot of free carrying happening, I see a realistic valuation about 80M/10c. Now this is months away and everything is very speculative but I'd like to hear your take on it. Cheers.
- Forums
- ASX - By Stock
- PUR
- PUR's "Julimar Discovery" in Calingiri East?
PUR's "Julimar Discovery" in Calingiri East?, page-356
-
- There are more pages in this discussion • 1,860 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $395 | 135.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 52443111 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 22642703 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 52443111 | 0.002 |
24 | 48799953 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 22642703 | 9 |
0.004 | 44828521 | 25 |
0.005 | 15119641 | 14 |
0.006 | 12321183 | 6 |
0.007 | 3446972 | 7 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |