PUR

33.3%

0.2¢ pursuit minerals ltd

Very good points all round. Hard to stop the churn though when...

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dge17

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17/06/24

18:40

Post #: 74357148
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Originally posted by Io: ↑

Prior to the acquisition of the lithium project in Argentina the PUR share price was around 2.6c based upon the gold and nickel projects in WA. Now a bit over a year later PUR has completed a capital raising at 0.3c, so nearly a tenth of what the share price was before the assets in Argentina were acquired. I think the assets in Argentina have the ability to create real value for PUR, but management clearly has not convinced the market of that in the last year. Therefore, management have got to do a much better job in promoting PUR and stop the churn in the shares. They need to give the investors who came into the last capital raising a reason to hold and acquire more shares. PUR said that the last capital raising was heavily over subscribed so they need to demonstrate that by getting some support in the market. In the next few months PUR has got to get the share price moving up again, as the last 12 months have not exactly been stellar.

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Very good points all round. Hard to stop the churn though when there’s damn near 4 billion on issue….

PUR Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.2¢		Change -0.001(33.3%)		Mkt cap ! $7.271M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$27.23K	9.462M

Buyers (Bids)

No.	Vol.	Price($)
56	60591484	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	4545763	1

View Market Depth

No.	Vol.	Price($)
55	60191484	0.002
22	52599954	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	4545763	1
0.004	64051684	34
0.005	30952197	18
0.006	16690857	10
0.007	8826972	7

Last trade - 16.10pm 28/06/2024 (20 minute delay)

PUR (ASX) Chart

Very good points all round. Hard to stop the churn though when...

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

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Very good points all round. Hard to stop the churn though when...

Top Stories

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News