Book value wise, this company is worth $13 million. So a price of around 3.6cents is only book value. Most mining exploration companies trade way above their book value.
PPP has simply drawn ppl's attention to this undervalued stock. It should easily exceed 3.6cents in the short term if ppl like what they see and management are smart enough to capitalise on this limelight with some well timed announcements.
Watch out below pumped too much, page-17
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Last
9.8¢ |
Change
0.001(1.03%) |
Mkt cap ! $10.79M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $7.429K | 75.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 815322 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 68081 | 4 |
View Market Depth
| Last trade - 15.00pm 15/11/2024 (20 minute delay) ? |
| PNN (ASX) Chart |