Thanks for replying. Given Li-S shares are expected to list significantly cheaper (under 1/14th), isn’t the return far greater via Li-S. eg assume 14,000 Li-S shares at $1 share equate to 1,000 PPK shares at $14/share. Then assume Li-S shares jump $1 and PPK go up $3. You’ve now gained $14K in Li-S and $3K in PPK. Thus better to invest in Li-S?
Is my logic correct?
PPK Charting, page-220
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Last
45.5¢ |
Change
-0.025(5.21%) |
Mkt cap ! $42.28M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 45.5¢ | $3.346K | 7.215K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 818 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 713 | 1 |
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| Last trade - 14.59pm 24/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |