PEZ
Click for more information
0.00% 1.7¢ premiere eastern energy limited

Is this the cheapest stock on the ASX? Price to Book is almost...

  1. BK47
    198 Posts.
    clock Created with Sketch.
    06/01/17
    12:32
    Post #: 21720809
    Is this the cheapest stock on the ASX?

    Price to Book is almost valued like the punters believe this is a fraudulent company (Google screener showing 0.09 P/B today) with $175,000,000 on balance sheet (Yahoo Finance)

    If this thing can find a catalyst such as a dividend or corporate action by holder SNC a lot of wealth could be created very quickly... Perceived negatives are China based operations, capital controls, liquidity, tightly held...

    Assuming everything is legal:

    Downside - May continue trading around the same levels even if it keeps reporting profits and increasing assets
    Upside - Unlimited
    PEZ Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
TBN Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
watchlist Created with Sketch. Add PEZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.