PRM 20.0% 0.6¢ prominence energy limited

I don't think it can fall a long way as it is backed by so much...

  1. 392 Posts.
    I don't think it can fall a long way as it is backed by so much cash per share. I do think the upside is substantial.

    On the TA side the on-balance volume looks great. It's been trending upwards since June last year. I expect to see substantial resistance at 20 cents but would be very happy to see it get that high.

    We shall see.

    Overall, in my opinion a high return, relatively low risk play (by tiddler standards)
 
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