PHL propell holdings limited

Been watching this since IPO. Anyone know what’s going on here?...

  1. 1,597 Posts.
    lightbulb Created with Sketch. 386
    Been watching this since IPO. Anyone know what’s going on here? Did the brokers do a bad valuation on this or just a really bad book?
    Is it a buy at this level? 30% below IPO and just started trading. Even director buying this doesn’t seem to bring buyers in. Something wrong with this?
 
Add to My Watchlist
What is My Watchlist?
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.