How do you figure 15c? Any fundamental reason for that figure? PRU produces 230,000oz per annum. Sure, it has costs that are not the loest on the ASX, but a share price of 15c would have a market cap of $70m. that would leave every other smaller gold producer at market caps of close to zero.
POG may be the main reason PRU is falling, but there are two other things that have aided the fall- the leaving of two founding Directors, and the almost inevitable (now) leaving of the ASX200. Are these two factors overdone? Could PRU have a relief rally when the index funds exit?
Ann: Change of Director's Interest Notice , page-13
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.55 |
Change
-0.010(0.39%) |
Mkt cap ! $3.508B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.59 | $2.53 | $7.665M | 2.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1969 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 27073 | 1 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| PRU (ASX) Chart |