It is frustrating and an announcement regarding delay will probably only further harm the current SP. And it has dropped with more sellers than buyers at the moment. Hopefully when PUR can finally drill, we see a small and healthy rerate. For some companies the announcement alone is enough to send the share price up appreciably. We were at 9.7c earlier this year and have de-risked considerably since then. As several have said it feels like we are oversold and undervalued, especially in a buoyant market where the metals we are chasing are only appreciating in value. I understand the drilling will be the proof in the pudding. In between time it is a waiting game and one I am happy to play.
GLTAPH
Ann: Phils Hill Drilling Update, page-135
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $7.271M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $27.23K | 9.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 60591484 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4545763 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PUR (ASX) Chart |