from bullist to bearist, page-21

I have always stated in my posts that PRR is a long term investment. There are always daily/weekly changes, but I look at the long term view.

Traders I think look at the short term to make a profit (or perhaps loss) and I say good luck to them in their endeavours.

Here are some end of financial year figures which are fact...which help me look at the long term of PRR.

In July 2007 PRR was 2.5 cents
In July 2008 PRR was 1.1 cents = 56% down on the previous year (GFC??)
In July 2009 PRR was 6.0 cents = 445% increase on previous year
In July 2010 PRR was 12.0 cents = 100% increase on previous year
In July 2011 PRR was 30.0 cents = 150% increase on previous year

Based on these figures what price for July 2012???

Lets assume moderate increase of 33% then PRR will be 40.0 cents at July 2012

The average in the last three years is 231%

If we assume 75% increase due to NASDAQ and interim trial results then this equates to 52.0 cents in July 2012.

Either way....I wish my super fund produced end of year figures which PRR have attained.

Good luck to all