PRM 0.00% 0.6¢ prominence energy limited

Ann: PRM completes 12.5% Acquisition of Sasanof, page-5

  1. 2,282 Posts.
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    Agree with your explanation @yoyokhesh but your figures are a little off in relation to each other.

    PRM has the potential to moon and is at bargain prices atm and the oppies even better leverage especially with the long ex date, however the strike price of the options is 2c and are currently well ahead of the heads.

    Good and even more to my liking as this shows confidence in the business but your 3c v 1.5c valuation is out and current price differences shouldn't be used to value future levels.
 
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