Agree, plus... PNR is likely attracting those who look across the sector at what stands outs as being 'undervalued' and... as today a case in point, profit taking can simply be rotations into other stocks.
Volumes are still relatively low. With PNR does a sort of production update in the recent announcement, surely... if March production stacks up, they will finally declare 'commercial production', or at the least another update with an admission that they have basically reached commercial production, without actually stating it exactly.
Not long to find out if PNR have finally... made a step change in production and lowering costs.
Though the sooner they get into the Scotia U/G the better.
Ann: Half Yearly Report and Accounts, page-20
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Last
11.8¢ |
Change
0.003(2.17%) |
Mkt cap ! $758.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $99.64K | 853.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1084377 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 3762616 | 55 |
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| Last trade - 13.52pm 11/09/2024 (20 minute delay) ? |
| PNR (ASX) Chart |