Entropylord, the only trouble with that strategy is that PTR made an announcement on the 20th June saying
"Our strategy is to continue a geothermal evaluation program throughout the European Union but with a particular focus on Spain... As a result of this ongoing focus, we do anticipate that our Spanish geothermal portfolio will increase to around seven or eight projects in the near term".
In other words, given the emphasis on the near term, PTR's share price probably isn't going to fall back to the sort of levels at which you'd like to accumulate. Indeed, if the shareprice rises just 30c for each project announced, the share price will be almost triple in the near term!
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Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $131.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 37.5¢ | $27.25K | 71.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 66454 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 26963 | 2 |
View Market Depth
| Last trade - 15.49pm 30/07/2025 (20 minute delay) ? |
| PTR (ASX) Chart |