PRR is a speculative stock. The current share price means little and does not reflect the company's value. The value of the company is somewhere between $0 and $5 and possibly higher.
The current share price is a fair price because that is what the market has determined, albeit that the market is made up of traders, manipulators, mums & dads etc.
With this stock there is just one thing that is important and which will in time determine a realistic share price.
What is important is the DATA.
If the Data results are good the share price will react accordingly.If the Data results are negative we will wish that we had been smarter enough to sell at these high prices.
Phase 1 results: Good
Phase 2 results: Good
Phase2b results: ?
But then remember this. Why have they commenced Phase 3?
current share price not important
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.0¢ | 30.5¢ | $922.9K | 2.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 149460 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |