In my above post I explained how PRU was in a massive accumulation phase.
Lot of traders and investors have sold out getting tired of that phase.
Now it is in the mark up phase. Sure it won't be straight up. Profit taking and sell down in between.
These accumulators have to make money and for that reason they will have to push the share price way higher to distribute. Like SLR, WGX etc. They make sure small time traders and investors are out of the game before they get involved in the mark up process.
In my estimate, PRU will be coming out with the best ever quarterly report come next Thursday.
A huge cash balance above AUD $ 150 million.
USD $ 150 million debt approved for Yaoure development.
USD $1400 Gold price.
A lot of thing to like.
The direction for PRU share price is up.
It was very easy to trade before but not anymore.
Holding and selling on the way up in increments.......Yeee huu.
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Last
$2.55 |
Change
-0.190(6.93%) |
Mkt cap ! $3.509B |
Open | High | Low | Value | Volume |
$2.64 | $2.65 | $2.52 | $21.73M | 8.465M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 37683 | $2.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.58 | 18315 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 37683 | 2.550 |
2 | 24543 | 2.540 |
2 | 28153 | 2.530 |
3 | 34353 | 2.520 |
3 | 26916 | 2.510 |
Price($) | Vol. | No. |
---|---|---|
2.580 | 18315 | 5 |
2.590 | 76406 | 3 |
2.600 | 57721 | 3 |
2.610 | 79914 | 3 |
2.620 | 11000 | 1 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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PRU (ASX) Chart |