This business will be unlisted by 2025.
Each investor needs to develop their own strategy from where they are today, to potentially exit at a profit or mitigate losses. Buyout price will now be sub $1.85 in my view. That is my price target.
l have my plan which is NOT guaranteed to be successful, but works for my personal circumstances.
This is not an advice platform. As such it is neither helpful or appropriate to publicly disclose.
This stock has become as difficult to manage as the elusive concept of an economic "soft landing".
Markets, China woes, sentiment and momentum are all trong headwinds PTM must navigate.
Regal Funds Mgt will bide their time, but sit in the wings as a possible suitor if there is no MBO.
This is not a place for weak hands, shallow pockets or short time horizons. Though over the years l tend to enjoy such situations and do OK, l am currently very deeply under water and not as confident of a successful exit as l was before China's economic tsunami.
I have called this wrong and am now paying a high price in terms of investment paper losses and committed capital for a poor decision. That is life in the investment world. Warts and all.
GLTASH
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Last
$1.24 |
Change
0.010(0.82%) |
Mkt cap ! $718.9M |
Open | High | Low | Value | Volume |
$1.21 | $1.24 | $1.21 | $1.137M | 926.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 223344 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.230 |
2 | 8466 | 1.225 |
2 | 8469 | 1.220 |
3 | 1127 | 1.215 |
1 | 54 | 1.210 |
Price($) | Vol. | No. |
---|---|---|
1.240 | 223344 | 7 |
1.245 | 20368 | 4 |
1.250 | 136930 | 13 |
1.260 | 23500 | 3 |
1.270 | 19622 | 5 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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PTM (ASX) Chart |