PTL
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1.22% 8.1¢ prestal holdings limited

Hi Schmucky. Thanks for your thoughts. I just have a question -...

  1. Mattao
    71 Posts.
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    22/05/24
    16:13
    Post #: 73958450
    Hi Schmucky. Thanks for your thoughts. I just have a question - given the company will have $10m in the bank and a business worth, according to the directors, $5.7 million, why do you think the business will trade at 12 cents?

    ($10m + $5.7m) / 170.5million shares = 9.2 cents.

    Given the company's warnings about "weaker sales" and "economic headwinds", I am not as upbeat as you and wondered if I was missing something?
    PTL Price at posting: 18.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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