They were $1.27 on announcing the proposal; and instantly down afterwards most likely because the market realised that they would be tied to DDH (and since then the DDH core business has been in trouble).
I'll skip the lesson on "accountancy" thanks as that's the practice of being a professional accountant; and that'll largely be irrelevant on results day.
The takeover occurs after it's approved.
Based on your contributions I did cash out some of my PRN shares around November last year: you'll be pleased to know they went into a 6 bagger.
My best real life result was 53,500 times at its peak - interestingly, that tranche of shares eventually became worthless but I'm not concerned because it's all part of a portfolio.
You'll note I'm not pushing this on anyone - my sentiment is "hold held"; my contributions here just serve to correct your nonsense.
If you're going to use big words, please select the correct ones
They were $1.27 on announcing the proposal; and instantly down...
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Last
$1.20 |
Change
0.025(2.14%) |
Mkt cap ! $1.127B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.20 | $1.18 | $2.135M | 1.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27495 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 11376 | 2 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PRN (ASX) Chart |