No. PLS and AVZ valuations and Kidman before that are ASX. PMET valuation is probably deserving a valuation bigger than AVZ.
PMT was $1.85 for a reason on Thursday and finished at $1.12( -36%) but then fell only mildly overnight -15% Friday on the TSX...when people were expecting the same but it rallied into the close on the TSX quite strongly.
So nice try shorts with your BS but it should be back to $1.35 Monday and headed to A$2.00 where it would be massively undervalued vs AVZ and PLS and thats where this heads. ASX sets the valuation.
Ann: Patriot Battery Metals Commences Trading on the ASX, page-479
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Last
54.0¢ |
Change
0.060(12.5%) |
Mkt cap ! $328.8M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 55.0¢ | 52.0¢ | $2.120M | 3.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 2000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PMT (ASX) Chart |