Well you prompted me to look back - PTM peaked 1-1-2015 @ approx. $ 8.59 - here we are just over & Half years trading sub. $ 1.40!
Is there a point at which this "Falling Knife", might become buried treasure?
In this time Div's have dropped from 47cents to 14 cents PA - the market has been said to be"Forward Looking"? is it "The Market" expecting Div's to fall to approx. 8 cents next FY? This would roughly be in line with the SP % decline rate, SP currently well below the decline in Div's at present!
Has the market got in right?
Ann: 2023 Full-Year Financial Results Analyst Presentation, page-38
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Last
$1.03 |
Change
0.020(1.99%) |
Mkt cap ! $596.7M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.03 | 99.0¢ | $2.003M | 1.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96705 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 27412 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PTM (ASX) Chart |