Its not in the ASX200. There are many funds (and linked funds) owning PRN and I the only notice was Vanguard 24/1 which had increased their stake at a higher price. No fund has yet reported dropping the share. People are buying every sold share so its likely someone with reasonable buying power has confidence. Euroz Hartleys downgraded it 6% to 1.50 price target likely based on the Nickel fallout. The 23 report stated 11% of revenue came from Nickel mining from memory and only a small portion of that is likely to be impacted. At current price its about 4x on 2024 projected earnings. Struggling to not see this as cheap unless the 21/2 report contains something horrific but then we would expect to see funds with insider knowlege dropping it....??
Its not in the ASX200. There are many funds (and linked funds)...
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Last
96.5¢ |
Change
0.005(0.52%) |
Mkt cap ! $920.3M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 96.5¢ | 95.5¢ | $424.9K | 441.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 23014 | 13 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
96.3¢ |
Change
0.005 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| 96.0¢ | 96.5¢ | 95.5¢ | 107546 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PRN (ASX) Chart |