PRU 0.00% $2.73 perseus mining limited

Chart Breakaway gap today :), page-15

  1. 2,060 Posts.
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    dancing partner SLR closed at 42.5 but the closing offers are 3c lower and closing bids 2c lower so the market is now valuing Sissingue as worth 2c x 2 market cap difference (ie $20M)!
    hahaha
    Sissingue is worth $330M as i posted the maths before with capex spent of $107M & now it will show the doubting nellys why its worth that and why Macquarie lent $50M to build it.

    ChiX closed at 45.25
    Volume for the last 7 days has been very strong.
    technicals are bullish and MACDs line rises show 52c-64c may be in play.

    They could take this to 64c-80c fast for sure as the top 22 now control some 86%-94% of all shares and this is tightening and tightening every day as larger Instos swipe all the retailers shares off them. PRU is now more tightly held than SAR & RRL imho.

    By the price and volume action I think we are seeing another SAR type steady rerate run (20c to $1.60) in the making rather than an SBM type spike and drop run (10c to 350c).

    The charts are telling us the rerate is in process now and the targets are 52c-70c as the 5 brokers like Cannacord/Credit Suisse called 3 months ago.
 
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Last
$2.73
Change
0.000(0.00%)
Mkt cap ! $3.750B
Open High Low Value Volume
$2.72 $2.74 $2.70 $9.139M 3.356M

Buyers (Bids)

No. Vol. Price($)
5 72461 $2.73
 

Sellers (Offers)

Price($) Vol. No.
$2.74 124770 5
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
PRU (ASX) Chart
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