I gather there are rumours that they're likely to take over a private company, and this may be boosting the share price and volume. Personally, I'd be happier if they avoided getting any further into debt, but if you've got Wal King on your board, I suppose that's wishful thinking.
The price at the moment is way above both the trailing and leading averages, and the ROI and ROE aren't all that great. Growth prospects are good, but I'm not sure I'd be jumping in at this price. Of course, someone could come through with a takeover offer and make a fool of me, but barring that, it's likely to come down from here.
I wish Hot Copper had an option for 'lighten', because that's what I'm considering.
I gather there are rumours that they're likely to take over a...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.04 |
Change
-0.020(1.90%) |
Mkt cap ! $970.7M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.04 | $1.02 | $4.185M | 4.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25888 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 50474 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PRN (ASX) Chart |