In my opinion the reason for the drop is the expectation that PRN will be removed from the ASX200 Index, which may also be the reason for the recent shorting activity. All gearing up for the rebalance announcement on Friday.
Not a sign of lack of confidence in the company but more of expected selling by funds
Ann: Perenti to partner with Sandfire on the Motheo Project, page-16
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $952.1M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.03 | 98.0¢ | $3.114M | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15196 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 8390 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PRN (ASX) Chart |