screams pnn is a screaming buy
number of shares = 63.5 million
sp = $1.4
market cap = 89 million
cash at bank = 33 million
+ another 10m to be spent by sino = 43 million cash
so pnn is trading at 2x cash backing and the market is giving a value of $46m for a 40% stake in a confirmed JORC 20 million pound uranium project with massive exploration upside potential + musgrave nickel holdings
i was away from my computer today but i will be heavily topping up my holdings at these prices tomorrow
sometimes the market is completely f ucked. this is just one example.
market irrationality
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $10.79M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.0¢ | 9.6¢ | $10.14K | 103.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24164 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 40637 | 1 |
View Market Depth
| Last trade - 12.22pm 25/07/2024 (20 minute delay) ? |
| PNN (ASX) Chart |