Huge cash reserves compared to who?
Their main competitors are multinationals . I find it HARD to believe that little old Pental has more cash than someone like Unilever.
The other point is the majority of their so called marketing spend will be for shelf space and price matching.
There is one thing keeping Pental going, in my mind, and that is White King.
Ann: First Half Trading Update, page-36
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Last
21.5¢ |
Change
0.020(10.3%) |
Mkt cap ! $36.64M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 19.0¢ | $812.9K | 3.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9523 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 83608 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PTL (ASX) Chart |