PPK 1.28% 38.5¢ ppk group limited

Not sure how the Chart Clairvoyants can predict SP on this stock...

  1. 226 Posts.
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    Not sure how the Chart Clairvoyants can predict SP on this stock when so much is going on. It's pretty usual for people to take profits once they make 2, 3 4 or 5 times their money. The thing about PPK is what is it really worth, what does the future business look like, what % of the company can be actively traded (in PPK's case not too much as the BOD and key management and long holders control 75% of it), and how many big players want a piece of it. If their Lithium Sulphur battery technology works (is 3 times better than any other battery out there) then PPK, with 48% of this co will be $50 SP before you could say "Warren Buffet," or "Elon Musk." Li-S is a rumbling volcano. Provided they take all the right commercialisation steps, and don't jump at the first deal, they will be sought for obscene money, and not too far away. Not only this, but if PPK (with 3DA) validate their new super strength Aluminium alloy at 8 times stronger than any other lightweight metal, you can shut the gate and expect a SP run of equivalent proportions. I don't know about you stalwarts, but I wake up every morning expecting nothing but excitement from this stock. Let a few sell now, and let them talk about how much money they made to all their mates. But to the long term holders, prepare for financial obscenity.
 
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Last
38.5¢
Change
-0.005(1.28%)
Mkt cap ! $34.63M
Open High Low Value Volume
39.0¢ 39.5¢ 37.0¢ $52.42K 134.6K

Buyers (Bids)

No. Vol. Price($)
1 1310 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 79309 2
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
PPK (ASX) Chart
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