Yes, hardly a dive. It is very much undervalued - by 3-4 times compared to peers with similar or greater production.
The difference being those are more known and operation in Tier one jurisdictions mainly. However that does not affect the production which for Pru is extraordinary compared to its MC.
If or as people get more used to non-Tier one jurisdictions this could have a multiple times re-rate.
Even without that the profit is simply becoming too big for investors to ignore for much longer.
Of course, we also have a dividend announcement due soon too. Yet another impetus.
GLTAH.
So much under valued, page-111
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Last
$2.33 |
Change
-0.030(1.27%) |
Mkt cap ! $3.200B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.37 | $2.31 | $9.428M | 4.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54963 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 50703 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$2.34 |
Change
-0.030 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $2.35 | $2.36 | $2.31 | 1125159 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PRU (ASX) Chart |