Thread headings like this are merely sensationalist "anti-hype" - especially when there's diddly squat substance to support them. Worse still is when they are self congratulatory in anticipation of prophetic wisdom and guru status for having sold.
It wasn't very long ago when PRR was trading around 14-15c. Since then the stock has been in a steady uptrend - and still is.
Nothing has fundamentally changed re the company's prospects. On the contrary, there are new positives (already discussed on this forum) and there's the prospect of good news reports in the offing.
The Nasdaq listing will take time to bear fruit and while initial euphoric expectations have been brought to earth with a thud it is still early days.
So ... Shots have been fired and some in the herd have started to panic. Running blindly towards the exits is not a sound strategy ... IMO
Now is the time to step back and rationally assess the situation and not get caught up in the hype, whether it be extreme negativity or the opposite.
Thread headings like this are merely sensationalist "anti-hype"...
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |