"as i doubt this is likely scenario moving the market cap to $9B without the completion of PhaseIII trials & proven success..."
Hi Peace, your calculations are out by the princely sum of $6.2billion. In Dec as mentioned by other posters the Prima sp was around 12.5c and the market capital about $93mill. So 30 times that market capital is about $2.8billion and a sp of around $3.75.
Obviously at $9billion you would have to be sceptical but the prediction based on what has been posted is a m/c of $2.8B and an sp of $3.75 I would be more than happy with this conservative lower figure and if the sp were to get to $3.75 in the next 18months all current holders will be much wealthier than they are today lol. For those that bought in Dec it would be a 30bagger and for those buying today it would be a 10bagger. sounds good to me.
Of course I am just correcting the $9B figure quoted in PeaceAKKI's post and basing the correction on what others have posted. Whether or not PRR actually ever gets to the outcome described above is dependant on a range of factors and the risks need to be taken into account. Im just expressing an opinion about a stock I hold and not intending advice for any other investor.dyor.
cheers
- Forums
- ASX - By Stock
- IMM
- disappearing threads???
disappearing threads???, page-17
-
- There are more pages in this discussion • 2 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 IMM (ASX) to my watchlist
|
|||||
Last
30.0¢ |
Change
-0.020(6.25%) |
Mkt cap ! $435.7M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 29.5¢ | $2.355M | 7.796M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 128197 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 128197 | 0.295 |
19 | 601843 | 0.290 |
15 | 178898 | 0.285 |
23 | 1297758 | 0.280 |
6 | 183301 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 100000 | 1 |
0.305 | 126168 | 4 |
0.310 | 157018 | 5 |
0.315 | 28000 | 2 |
0.320 | 82625 | 5 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |