$817 Million in contract awards and extensions so far this year. But no love from the asx!
our closest competitor, (MAH asx) is up 38% since Feb and up nearly 100% in 1 year. We are down 25% in 12 months despite merging with DdH1 worth circa $400m.
Much like PRN it is a gold centric contract miner with a similar debt percentage. I was a holder of mah also but sold out in frustration as it was perpetually undervalued. I wish I hadn't as it finally found the love of shareholders this year. PRN should be conservatively $1.20 but Regal, MUFG etc manipulated the price a few months ago that scared retail holders and now have created a false trading range.
with the money this thing makes it will eventually find its fair price. When that is I have no clue!
PRN Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)