Agree mate. Ppk tends to sit around the $5 mark, this was evident before covid in 2020 prior to market distortion due to macro events. The progress since 2020 has been significant.
the bnnt factory can supply 500kg per annum at revenue of 300k usd per kg. With LIS soon to be manifacturing 1000 battery cells per week with bnnt part of the battery, and defence product testing in 2023 as a start, revenue could pick up rapidly.
Not to mention growth in PPE, WGL, CIB.
For mine ppk at 2-3 $ isn't sustainable, and imagine the $5 price is closer to fair value, if not cheap.
Ann: Acquisition of an interest in PowerPlus now unconditional, page-22
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Last
41.5¢ |
Change
0.040(10.7%) |
Mkt cap ! $37.78M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 42.0¢ | 37.5¢ | $18.22K | 45.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2300 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 2084 | 4 |
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| Last trade - 14.36pm 06/08/2024 (20 minute delay) ? |
| PPK (ASX) Chart |