My question would be why would PTM share price improve in a recession that is needed to take down growth stocks.
If a recession comes and there is a shift back to value PTM share price is likely to decline along with the broader market, a recession can easily knock off another -30%.
I wrote about a year ago PTM was in a no win position over the coming year and think that's been accurate.
Bob's long-winded PTM thread, page-4
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Last
$1.15 |
Change
0.020(1.78%) |
Mkt cap ! $666.5M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.15 | $1.09 | $4.367M | 3.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23942 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 45857 | 2 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| PTM (ASX) Chart |