PRT 0.00% 16.1¢ prt company limited

Yes - it’s true management have been poor in communicating the...

  1. 20,538 Posts.
    lightbulb Created with Sketch. 2050
    Yes - it’s true management have been poor in communicating the positives. Without doubt there is strategy / agenda , but who know what it is . I sold out a good chunk on the 30.5-32 range, but after much reflection of have started buying back at 28.5 . Bought 40k on Friday and have another order for 80k at 28. I stick by my estimates of net cash by the time renegotiated affiliate agreement kicks in. Although I am not bullish on the 60c valuation I used to have I think the stock still it worth around 40-45 and from here that is good low risk upside. I am targeting 25-30 low risk return over 12 months .
 
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Currently unlisted public company.

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