I agree Dratoz, and after all isn't that what forums like Hot Copper are for?
PMY is way undervalued by the market at present and that makes it a good time for investors to consider buying.
It is not unreasonable for existing shareholders who have taken the most risk to get the Company to where it is today for them to be rewarded for taking that risk, to encourage like minded investors to join them, rather than to leave the Company exposed to predators seeking to take advantage of us and steal a heavily de-risked bargain.
It is intellectually reasonable to promote the Company because of this market inefficiency. In a perfect market, price will also equal value at any stage. But the market is not perfect.
We have to stay vigilant and protect the value of what we have all built together.
V
What can we do as investors to help the companies we invest in ?, page-97
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $33.84M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $11.80K | 80.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 92928 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 21999 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BML (ASX) Chart |