Whilst I agree with your summation Mags, I note a glaring omission. That of PPKME. To my mind, it's the inability of the BOD to deal with this problem satisfactorily for both the company and the shareholders that is holding the company back and has dragged the sp down to its current level. Yes it's cheap but considering that less than a year ago it was worth over 5 times its present value, the silence from the company is deafening. I'm not shouting for announcements or baseless upramping but the current situation cannot continue for much longer.
The shares I hold were bought back in 1996 when they were still PlasPak and were only 55c, so I still have a large profit. However, when compared to what they were it is severely testing my resolve.
$50 Party, page-528
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Last
43.0¢ |
Change
0.025(6.17%) |
Mkt cap ! $39.04M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 43.5¢ | 40.5¢ | $12.08K | 28.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6500 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 17402 | 2 |
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| Last trade - 14.40pm 11/10/2024 (20 minute delay) ? |
| PPK (ASX) Chart |