Well I'm a bit older and have been investing for a decade or two longer.
Share price is market cap divided by SOI.
Why would the market cap halve?
Some consolidations have gone badly for the company - certainly.
The question is why and would it have happened anyway.
A bad result or loss of belief in a company will reduce the share price.
A bad company's share price will fall regardless.
If you believed in PCL a consolidation would not make any difference.
At the moment we are looked at as a micro specy and that certainly affects JV partners view of PCL.
If the exploration comes up dry like in 2012 the share price will go down - that is a certainty.
Well I'm a bit older and have been investing for a decade or two...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $633.6K | 44.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9878918 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 18735192 | 7 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PCL (ASX) Chart |