Promising futue

  1. 2,247 Posts.
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    In my view,PRA new direction is promising. Option to purchase Thredit business would be rewarding in the short and in the long run. Look at Moko Social Media Ltd (MKB) started with little expectations and now, MKB share price (SP) hovering around 16.5c

    Therefore, there is no need to be nervous at this stage. PRA would earn lots of revenue in advertisements with big user base.
    Another point , PRA has 384 million shares on issue at the moment but share turn over was not much ( 10%) due the fact large investors have strong faith in PRA's new direction and business and, they want to keep their holdings intact. More so, new issue of shares may be passed on to the same large investors.

    Keep watching.....
 
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