The parameter in dispute is sustainable earnings when you have a melting iceberg of FUM.
Maybe the present price of $1.2 is reasonable, what the market says to day is a certain thing - they're saying that earnings and FUM will decline.
If you want to trade it for a bounce to $1.7 and the next announcement is a $1bn divestment then you are a bit stuffed because it could go to 80c for all I know.
I'm not anyone's fiduciary, the volatility is so extreme with this stock and it's combined with serious business risk that most light-weight "investors" or "traders" should take Bell Potter's advice and sell - I don't care really if I am wrong and it goes to $0 then I take my licks and move on it's mostly pride to me a few hundred k isn't a big deal.
And it's good for me to take a few losses now and them so that I don't get too arrogant.
- Forums
- ASX - By Stock
- PTM
- Broker Ratings
Broker Ratings, page-9
Featured News
Add PTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.02 |
Change
0.000(0.00%) |
Mkt cap ! $593.8M |
Open | High | Low | Value | Volume |
$1.02 | $1.05 | $1.02 | $1.261M | 1.224M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 53249 | $1.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.03 | 15163 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 53249 | 1.020 |
5 | 41020 | 1.015 |
7 | 44874 | 1.010 |
4 | 47734 | 1.005 |
14 | 73651 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.025 | 15163 | 2 |
1.030 | 31338 | 5 |
1.035 | 14874 | 2 |
1.040 | 30734 | 3 |
1.045 | 16779 | 2 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.02 |
  |
Change
0.000 ( 0.92 %) |
|||
Open | High | Low | Volume | ||
$1.02 | $1.05 | $1.02 | 419056 | ||
Last updated 15.59pm 03/06/2024 ? |
Featured News
PTM (ASX) Chart |