Prn is a great biz just with a lot of debt. DDH1 was a profitable biz with good dividends.
Now they merged and the SP is below 80c. Could be sold down for a TO, buyer is basically getting DDH1 for free. A value stock with extra value now.
Especially if the buyer is cashed up and can take on that debt which prn carry.
Report due out in 2weeks. will have my reading glasses ready
Good Value and Momentum, page-110
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $952.1M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.01 | 99.0¢ | $980.3K | 982.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | 99.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 1925 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.00 |
Change
0.000 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| 99.0¢ | $1.01 | 99.0¢ | 319702 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| PRN (ASX) Chart |