the problem with PTD is that it has burnt so many people so will have trouble sustaining a gain without some really really really good news
evertime some of these old holders show a gain on recent purchase they will dump it to make back prior losses
in the past few months PTD has got rid of the little issue with centocor, paid a dividend and started buying back shares and the share price is lower than what it was before it settled the dispute
i wouldnt say the whole sector is out of favor, take a look at CSL chart over 1 year
PTD has not yet got the respect of the players in the market who are going to move it. last year AMP took a placement at $1.55 then sold the stock on the market a few months later. imo PTD is one to watch for a trading opportunity but at the moment that is it.
analysts have also recently downgraded income streams to be received over the next few years after comments in the last AGM
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