Davo mate, I think you missed a financial indicator.
Have a look at the price book ratio. It is 2/1. This is comparable with any of the blue chips and far better than all the major banks.
And with no debt, I say stay away from term deposits and invest in stable and secure stocks like Pryme Oil and Gas.
And if you were to go back to some of my previous posts on this stock you will see that the upside for Pryme is not just blue sky, it is out of this orbit.
At this price, Pryme is a steal. I almost feel guilty accumulating.
I still am…..
Davo mate, I think you missed a financial indicator.Have a look...
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