PM1 0.00% 3.8¢ pure minerals limited

Undervalued compared to peer, page-58

  1. 4,382 Posts.
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    the way I see it PM1 has a rerate that is overdue to put the MC around the $10m level based on potential and peer comparison alone...that's 4c+...if they can then get the right announcements going and a bit of FOMO...more upside imo
    but it will come when the players accumulating atm are ready to run it (which is usually a bit difficult to spot) so best to get in while the MC is fairly apparently undervalued and stay in for a while...
    stocks that rerate generally don't dump when the rerate is occurring and has occurred...i.e. the very nature of a rerate...so good luck at getting a second bite at the cherry after the run short term imo
 
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