PRN 1.50% $1.02 perenti limited

re: is this a nice chart?? p/e of 5? Another possible reason for...

  1. 85 Posts.
    re: is this a nice chart?? p/e of 5? Another possible reason for some interest in the stock is
    their unrealised loss on a currency hedge which looks a whole lot better as the south pacific peso ($AUS) improves against the $US. At 30/06/2002 it was approx. $10 mil in the red at an exchange rate of 53c(ish). With the $ now approaching 60c then it is approx. 50% of the way to being extinguished. Last time i spoke to the company the close out rate was 67.3c. Who would have thought 6 months ago the $aus would be almost 60c, maybe 67c is not out of the question in another 6 months? If they get close to clearing the $10 mil then i would say 55-60c is waay to conservative especially as they look like paying an interim divvy. Anybody wants to do the research then check it out but if you believe in gold (i Know it hasn`t done much in $aus terms) then the suppliers of picks and shovels do ok
 
watchlist Created with Sketch. Add PRN (ASX) to my watchlist
(20min delay)
Last
$1.02
Change
0.015(1.50%)
Mkt cap ! $937.8M
Open High Low Value Volume
$1.00 $1.02 98.0¢ $1.162M 1.157M

Buyers (Bids)

No. Vol. Price($)
33 50204 $1.02
 

Sellers (Offers)

Price($) Vol. No.
$1.02 218803 44
View Market Depth
Last trade - 13.41pm 28/06/2024 (20 minute delay) ?
PRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.