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

PCL

Click for more information

0.00%

2.2¢ pancontinental energy nl

Anything on the horizon for us, page-3

First 3 Last

Share
Profile

Follow
JWRED

186 Posts.

05/08/15

16:27

Post #: 15756153
Share

Originally posted by MelbourneBoy ↑

A little story about Good Buying and Good Value.

I was watching the Melbourne Cup once with my Dad, and we were thinking about putting a bet on.

I said to my Dad: I'm picking the 4 horse. It's been 4/1, but has drifted to 6/1. That's great value for that horse.

My Dad replied: There's no such thing as a sure thing, and the only Good Bet is the one you place on the horse that wins. Everything else is just a punt. You should only bet on a horse you have researched and you haven't researched that horse. You also don't know why it's drifted. There is very likely a reason why it is now what you call 'good value'.

So what's the point?

I'm pretty sure PCL is not a Good Buy right now, but instead a highly speculative one.

I also think that if it were a horse it would be closer to having a hessian screen erected around it as opposed to winning the Melbourne Cup.

But still I hold.

Expand

Hahaha love it. I was lucky and got out when it was still about 4cent mark or just under. but been off it for a while now and am re-looking at it as a punt but not a dead in the water punt.

PCL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

First 3 Last

Add PCL (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $178.8M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$114.2K	5.293M

Buyers (Bids)

No.	Vol.	Price($)
10	2660577	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	889500	3

View Market Depth

No.	Vol.	Price($)
3	867878	0.022
13	4001327	0.021
14	4063092	0.020
8	4473998	0.019
7	7087833	0.018

Price($)	Vol.	No.
0.022	1189500	4
0.023	1648251	4
0.024	6628448	12
0.025	2215515	10
0.026	5151509	9

Last trade - 15.58pm 19/06/2024 (20 minute delay)

PCL (ASX) Chart

SPONSORED BY