Hi Disco Stu, IMO in the absence of news the stock will continue to trade at snail pace and with the low volume, buys and sells can impact price in a distorted way eg one seller at 16.5 accounts for a lot of todays trade. Prima has just over a billion shares and the trading atm in percent terms is a drop in the ocean. Most PRR holders quietly hold their shares and the traders currently participating are likely to be those with a short term strategy.
Until news of some sort the trading will IMO be limited and possibly volatile. We are at the mercy of the market. Dendreon went up o/night and I hope when it reports in early Nov(around the time of PRR AGM) that it can allay its past problems.
cheers
Hi Disco Stu, IMO in the absence of news the stock will continue...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 121215 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 2864 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |