PTN patronus resources limited

Ann: PTN acquires substantial interest in Emmerson, page-24

  1. 1,267 Posts.
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    I have a huge amount of respect for @kyngdominion as a chartist. Maybe if we asked him nicely he could provide us with a professional chart.

    Below is my amateurish attempt that from yesterday.

    I came up with a short term target of around 12c

    My fundamental analysis based on research completed April 2024 was a fair value of around 20c
    All assets are still intact.
    Gold in Aussie dollars has gone up 60% since April 24
    Normally when the underlying commodity increases by x amount the share price increases 2 to 3x. Implying fair value of between 32 to 44c

    GLTA


    https://hotcopper.com.au/data/attachments/6904/6904827-cbeeaa20f0153ed8c1166a37505eef1a.jpg
 
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(20min delay)
Last
6.9¢
Change
0.003(4.55%)
Mkt cap ! $112.9M
Open High Low Value Volume
6.8¢ 6.9¢ 6.6¢ $133.3K 1.972M

Buyers (Bids)

No. Vol. Price($)
2 232480 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 338285 4
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Last trade - 10.52am 16/06/2025 (20 minute delay) ?
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