Lol it's funny how everyone raves about how they have a good knowledge of how market cap works - yet they also talk about how the price will be "back where it was around the 35c level". I have news for you - the current price has pretty much the same market cap as what PRR had when it was sitting in the mid 30's. The shares were diluted in the last capital raising, and combined with conversion of options it has diluted the price down to this level, whilst maintaining a similar market cap. From memory, we reached a market cap of $300m at around 40c? Correct me if I'm wrong.
Cheers
justify list price, page-15
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 121215 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 2864 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |