It might be a fair way off, but I'd hate to think what PRR would be worth if it successfully acheived all of its production goals. That's nearly 40% of the profits made by CSL ($983 million) for the 2012 year. Last I checked, CSL were trading around $45. Now, PRR does have double the shares on issue ... but STILL, these are extremely large numbers apropos of PRR's future potential price.
This, to me, REMAINS a speculative risk worth taking
Ord Minnett's report can be found here
$383 million profit forecast for 2017
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $588.3M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.8¢ | $2.431M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6880 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 85353 | 3 |
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| IMM (ASX) Chart |