Herro,
I too have noticed that December seems to be a big month in the US re Health Conferences etc. It was late Decemner last year that PRR started moving ? 23rd December, and they had been attending several conferences ( all on recent reports).In the past, Novemeber has been a very boring month in terms of newsflow, generally.
The chart tells me PRR is waiting precisely at this point for some positive news - I really hope it does because the stock chart is at a pivotal cross roads now.
I am betting newsflow begins the end of this week ( the beginning of December), which will hopefully add some momentum to this very tired story ( Of which I still fully believe in). Investors, both instos & retail are just waiting for new exciting news flow to once again push PRR higher.
Also, I remeber Francesco , from Ord Minett, saying on Fox Business, a few months ago, that it would take 6 months or so, for the capital raising to work its way through PRR's share price, and that after that there should be share price appreciation - maybe that is something to bring up at the Meeting with Ord Minnett & Martin.
I agree, it is frustrating to see the market and other small caps move, but not our Prima - it has been here before!! If people sell now out of frustration, they would be selling at the bottom - perfect for the smart investors!!
COME ON !!!
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Herro,I too have noticed that December seems to be a big month...
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