PSC 7.89% 17.5¢ prospect resources limited

I bought before yestys dip, and have just recently bought again...

  1. 393 Posts.
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    I bought before yestys dip, and have just recently bought again (missed the absolute low though).

    Said a few times, Sam been good to date so can't write Step Aside off without waiting / giving a chance. He's done everything I'd expect/want so benefit of the doubt is surely that the Step Aside results aren't known and impacting the SP. I'll only get concerned once proven wrong, but there's also multiple assets that have opportunity and we can't expect all of them to become Arcadia. The market cap is also undervalued imo.

    Also worth noting, the step aside results were expected 'from' (aka no earlier / any time thereafter) late July. We're only 5 weeks into that, in a climate where even a local postal letter can take over 2 weeks to be delivered, in a location whereby I'm guessing things don't move quickly. Personally I'm happy waiting through Sept before any update. Basically, nNo concerns this end until there's reason to be.

    Quick chart while here for anyone interested. We hit the downward trend for a third time last week, confirming the downward trend (which we already knew, charts are historical). Horizontal support is roughly 8c and 9c. All I'll be watching now is this trend and when/how we break it. If the results are fair to middling then 10c might be hard to break (but should be, we've only just dipped below). Not sure I'll bother buying around 9c, might wait for low 8's if they ever eventuate.

    https://hotcopper.com.au/data/attachments/5549/5549311-015e5acf4f39ce9846cf19a71491b73e.jpg

 
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Last
17.5¢
Change
-0.015(7.89%)
Mkt cap ! $83.76M
Open High Low Value Volume
19.0¢ 19.0¢ 17.5¢ $86.71K 472.5K

Buyers (Bids)

No. Vol. Price($)
4 13687 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 31507 1
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Last trade - 15.23pm 04/06/2024 (20 minute delay) ?
Last
17.5¢
  Change
-0.015 ( 7.89 %)
Open High Low Volume
18.5¢ 19.0¢ 17.5¢ 138401
Last updated 15.23pm 04/06/2024 ?
PSC (ASX) Chart
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