Skol could be right and there could be more pain for PRU shareholders due to fundies rebalancing their portfolios and weakness in the USD POG.
Nevewrtheless I am back in today for a hopium trade.
Its good to see that the Sudan project has gone into hibernation, but I hope that they sell it for whatever they can get. Basically no other company was foolish enough to face the next Mahdi and PRU shareholders were the bunny that shelled out good money (via share dilution) for it and what looks like a another low grade project that may turn out to be a dud. One issue with the Sudan project is that it lacks a nearby water supply so water would need to be piped some 40km (or was that miles) according to one presenter of the project, and would provide a lot of scope for the mine to be subject to interruptions, closure and other threats by terrorists, IMO.
GLA
loki
PRU chart, page-356
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Last
$2.74 |
Change
-0.010(0.36%) |
Mkt cap ! $3.833B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.81 | $2.73 | $6.558M | 2.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 29757 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 121778 | 37 |
View Market Depth
| Last trade - 13.42pm 17/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |