Yeah I agree. The SP does not make sense based on the known data. But this is what I do know. Someone with a large amount of shares is selling because they think the SP will go lower. If that's an insider > we are in trouble (but this should show up in ASX disclosures). If this is some institution trying to rebalance a weighting in their portfolio > we might be OK. Maybe the majority of insto's think there are better / less risky opportunities elsewhere? I just don't know, and I'm not going to try to fight the market at this point in time.. The SP looks to be heading towards $0.60 - 65c for no good reason that I'm aware of.. Staying patient and observing for now. FYI. I picked up these shares via DDH, so my historical experience with PRN is limited.
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Last
$1.02 |
Change
0.055(5.70%) |
Mkt cap ! $956.6M |
Open | High | Low | Value | Volume |
98.0¢ | $1.02 | 98.0¢ | $3.017M | 2.996M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 24602 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.02 | 78821 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 24602 | 1.005 |
4 | 41612 | 1.000 |
1 | 8106 | 0.995 |
3 | 14686 | 0.990 |
1 | 8106 | 0.985 |
Price($) | Vol. | No. |
---|---|---|
1.020 | 78821 | 4 |
1.025 | 101506 | 4 |
1.030 | 70551 | 2 |
1.035 | 19356 | 3 |
1.040 | 86652 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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PRN (ASX) Chart |