Well folks we have had the Dubai announcement,we have had the Institutional Placement and the SPP for retail investors
The company haas raised A$41 million for working capital, and finances to cover Phase 11b and 111 trialling and yet here we are with the SP sitting at 28,5c
At the time of the Dubai ANN we were sitting at 32c
I know of at least 4 brokers?anylysts having BUY/Spec Buy on PRR and a good write up in the Australin Finanial Review recently, with most concensus projecting aaround a 75c level
What is going to move this SP
Don't get me wrong, this is a Biotech stock, and like a lot of you I am in for the long term,but it seems to be anchored around todays'level
To my way of thinking only a start of trading on the NASDAQ, whenever that may be, will see some positive upward movement for the SP
Any more thoughts on this one
As I always post.......KEEP THE FAITH
prr and it's sp
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Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 133736 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |