For people to say that today's DNDN news will have no effect on PRR share price should research the price movements of the two companies in early August 2011 when the bad DNDN news came out.
DNDN big drop came on August 4 when it plunged 60-70%
On August 4 PRR price opened at 23.5C hit a low of 18C then the following day hit 16C.
There is no reason why PRR should not rise on the latest news. IMO.
Heres to a good day.
Dakook
today's prr action after dndn's big night, page-3
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Last
33.8¢ |
Change
-0.003(0.74%) |
Mkt cap ! $486.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $492.3K | 1.478M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 61730 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 110493 | 16 |
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| IMM (ASX) Chart |