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.
If the company's "valuation" is less than a fifth of what it...
Add PTL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
-0.020(10.3%) |
Mkt cap ! $29.83M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 17.5¢ | $47.80K | 253.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 130151 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 3050 | 1 |
View Market Depth
| Last trade - 15.55pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
19.0¢ |
Change
-0.020 ( 2.56 %) |
||||
| Open | High | Low | Volume | ||
| 19.5¢ | 19.5¢ | 18.0¢ | 124646 | ||
| Last updated 14.34pm 21/05/2024 ? | |||||
| PTL (ASX) Chart |