A company's trading value is not generally the same as its worth as evidenced by wild discrepancies between sp and NTA. In PRR's case it's much more emperical.
15% drop today was a technical sell-off and it may drop another 10% tomorrow, but this will only diminish the value of the company if a large capital raising is done while the sp is down. I hope we get some very positive trial results before this happens.
prr is worth ???, page-2
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.0¢ | $833.4K | 2.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 388130 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 39940 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |