Australia's largest stock trading and investment forum Australia's #1 stock forum

PRS

Click for more information

8.57%

3.8¢ prospech limited.

read there previous announcements and stop trying to scare...

First 14 Last

Share
Profile

Follow
ceh2009

674 Posts.

121

24/11/23

14:15

Post #: 71091285
Share

Originally posted by Tran: ↑

Looks like cash on hand is probably down to $300k-$400k since the last update of $900k because ASX will probably ask management to explain how the business can remain solvent in the next few months with almost no money left.

A CR could come as soon as Monday next week i strongly believe. Just hope they don't give 15% discount on 15 day VWAP which is the typical way of calculating a CR price. If they do, then CR price will be at around 2.5c by my rough estimates.

I like the historical results so far though. Hope they get the CR done and dusted so that the company can move forward.

Expand

read there previous announcements and stop trying to scare people in to selling. You’re either down ramping or grossly misinformed. The company has explained the situation.

There will be capital raise early next year, after MRE and all results out.

PRS Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 48 more messages in this thread...

First 14 Last

Add PRS (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.003(8.57%)		Mkt cap ! $10.26M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$561	14.75K

Buyers (Bids)

No.	Vol.	Price($)
2	24999	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	181697	1

View Market Depth

No.	Vol.	Price($)
2	24999	0.038
1	32299	0.036
2	524981	0.035
2	1106060	0.033
1	350000	0.031

Price($)	Vol.	No.
0.043	181697	1
0.044	31596	1
0.045	420000	1
0.046	96000	2
0.048	257150	1

Last trade - 10.06am 06/06/2024 (20 minute delay)

PRS (ASX) Chart

SPONSORED BY