If the company's "valuation" is less than a fifth of what it was, surely PTL needs to cut costs by more than 80 per cent?
Or am I missing something?
I am glad I sold out at A$0.415 ages ago, and miffed that yet another majority Australian-owned manufacturer will now be owned by foreigners, in this case a Japanese company. I have nothing against the latter, but every time an ASX-listed industrial downsizes or leaves the boards, one has to arguably find another in which to park one's hard earned.
Ann: Investor presentation, page-16
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.38M | |||
| Open | High | Low | Value | Volume |
| 19.8¢ | 19.8¢ | 19.0¢ | $1.054K | 5.374K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18853 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 379538 | 10 |
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| Last trade - 15.33pm 14/06/2024 (20 minute delay) ? |
| PTL (ASX) Chart |