PDI 5.26% 27.0¢ predictive discovery limited

Ann: Trading Halt, page-47

  1. 3,885 Posts.
    lightbulb Created with Sketch. 143
    The .16c prediction is heavily skewed by one seller of 2.4m shares at the top of the stack. Either it’s a fake, or someone is keen to take a swag of money off the table. That’s $384k.

    On the other hand, a couple of days ago I pointed out that Morningstar had raised it’s valuation to .23c. It’s now up to .25c. Someone heaped buckets on Morningstar’s valuations, but it provides a perspective, just as Sprotts does.

    Whatever view you wish to ascribe to, IMHO this is one to hang on to through the troughs and crests. I usually do the same as tangs does, but this one has given me heaps of profit already, I now I am hanging on for maybe 2-5 years. The time frame all depends on whether or not mgmt moves to develop a mine, or whether we get a t/o.


 
watchlist Created with Sketch. Add PDI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.