PPS 0.98% 50.5¢ praemium limited

Just a mention on MORNINGSTAR. Around November they had Pps...

  1. 439 Posts.
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    Just a mention on MORNINGSTAR. Around November they had Pps shares valued at 1.47 saying the market price of the day being about 1.00 was under valued. Today they again say the shares are worth 0.47 and today's price of 0.36 is again undervalued. Will we see the trading price in the 0.20s and MORNINGSTAR saying they are undervalued and worth todays 0.36 - 0.37 in the future. Does MORNINGSTAR actually know PPS position, since most of these recommendations are mathematical models, extrapolations. IMO MORNINGSTAR didn't see the ANZ withdrawal coming., hence their price rating in those times. I can see market share thinning out soon, not growing unfortunately because PPS began before even a hint of the royal commission. Now more fintechs are emerging since the rc. Ie Powerwrap. The market is going to thin out since companies like Hub24 have shown the industries potential and more companies will emerge. I can't see PPS ever doing what it did last October, November. For my sake I do hope it does though
 
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Last
50.5¢
Change
-0.005(0.98%)
Mkt cap ! $243.4M
Open High Low Value Volume
50.5¢ 51.5¢ 50.0¢ $206.1K 407.6K

Buyers (Bids)

No. Vol. Price($)
2 17624 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 29800 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
PPS (ASX) Chart
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