KAK ''$$$ would be better spent buying stocks with existing revenues and profits.
cash is king and PRR needs to now show it can sell it's product and sell it well.''
Arent you contradicting yourself there?If cash is king,why contemplate buying any stock?I actually agree cash is king at the moment,but even blue chips arent immune.Just ask the people who bought BHP at $49.00.
You non holders continue to make it look like PRR ,is somehow different to the rest of the market.It clearly isnt,and I believe the sp trending down is due to the whole market.Look at a stock like BHP,it announces record profits,and what has the sp done since?
PRR Price at posting:
12.7¢ Sentiment: LT Buy Disclosure: Held
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