I believe this is a cheap buy even in the current market conditions that we're in. This stock moves closely with the market and to this day the coy has dropped almost 50% from it's high's in July so whilst there's plenty of fear in the marker investors could take this as an opportunity to accumulate and hold.
It's a liquid stock that builds support quickly which will allow one to reduce their losses on early exit. However, it may not be the best to day trade unless you go with all guns blazing. The option to purchase a medical ground breaking company at levels like these could be worth investing in my humble opinion.
The Dow futures are up +160 points and if there's isn't a real sell off then we could see some solid movement in PRR after a pull back late last week.
us tonight, page-7
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $1.317M | 3.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73996 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 836970 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |