Even Momeymachine has emailed me with an apology.
The sell off is now well and truely happening. Major shareholders have been exiting slowly but are now rapidly taking any buy offer of reasonable volume.
PRR are now (again) reworking the capital raising because they cannot seem to decide on a pricing that would attract new funding - the SP keeps falling.
Its panick stations
Moneymaching and all remaining PRR shareholders - give Eugene a call and ask him the plans to re capitalise the company. If his response doesn't make you sell then nothing will.
PRR now has an enterprise value of around $5 mill - that's all their IP is worth to the market. Even at this low valuation nobody is interested in taking on the IP.
They are sort of like the milkbar on the corner - out of fashion now.
GOODBYE AND GOODNIGHT PRR
It couldn't happen to a better bunch of people and its most gratifying to see Eugene loose his shirt.
Even Momeymachine has emailed me with an apology.The sell off is...
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $413.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.0¢ | $1.441M | 5.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 102393 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 14707 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |