Beautiful, calm, objective analysis and valuation reasoning.
I guess my only comment relates to this statement:
"For, even though a financial crisis in the imminent future is a possibility, it appears to me that most of its likely impact is already in the share price."
The doubting Thomas in me is annoying!
If hypothetically, the US economic cycle is reaching its sunset and this current economic shock may potentially bring on the next contraction (who knows, who cares), are we only in week 1 of an 18 month process on average? Will the likes of PTM just continue to get sold off indiscriminately over that period?
I guess therein lies the opportunity. I need to focus more on calm, rational valuation arguments like the ones you generously present. However, we all know the market will not behave in a calm rational way if and when the US starts to contract.
I will revisit this company at the dawn of the next US cycle, whenever that may be. It is currently 0.54% of my portfolio. Happy with that risk/reward and dividend yield.
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Last
$1.09 |
Change
0.005(0.46%) |
Mkt cap ! $631.6M |
Open | High | Low | Value | Volume |
$1.08 | $1.09 | $1.07 | $1.074M | 996.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2913 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 17846 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2913 | 1.080 |
1 | 5023 | 1.075 |
2 | 12081 | 1.070 |
5 | 33030 | 1.065 |
7 | 46338 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 17846 | 3 |
1.095 | 155335 | 8 |
1.100 | 27554 | 5 |
1.105 | 6863 | 2 |
1.110 | 4395 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.09 |
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Change
0.005 ( 0.21 %) |
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Open | High | Low | Volume | ||
$1.08 | $1.09 | $1.07 | 244713 | ||
Last updated 15.59pm 02/05/2024 ? |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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