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.
Good Value and Momentum, page-101
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $952.1M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.03 | 98.0¢ | $3.114M | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15196 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 8390 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PRN (ASX) Chart |