Its a hard one. I wouldn't be expecting any divs from it for years, they have to be able to stand on their own 2 feet. The cost of selling the shares on a secondary market could be so high its not worth selling them. I know Primary Markets charge 6% to buyer and seller plus escrow fees no matter the size of share transaction. That's assuming someone wants to buy them as well which is probably pretty slim considering how on-the-nose mining services companies are at the moment.
By all accounts it looks like a profitable business, so who know the electric people mover might take off when fitted out with a LIS battery, so one of the bigger players swoops in and buys it up. But its probably just wishful thinking.
In all honesty I didn't buy into PPK for the mining business so I'll probably just hold onto them for now as a bonus and just see how things pan out.
- Forums
- ASX - By Stock
- Will we get negative valuation?
Its a hard one. I wouldn't be expecting any divs from it for...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PPK (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.0¢ |
Change
-0.030(7.32%) |
Mkt cap ! $34.50M |
Open | High | Low | Value | Volume |
39.5¢ | 39.5¢ | 38.0¢ | $14.59K | 37.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2922 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 815 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2922 | 0.380 |
1 | 2659 | 0.370 |
1 | 30000 | 0.350 |
1 | 1496 | 0.335 |
1 | 3000 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 1795 | 1 |
0.450 | 40000 | 2 |
0.475 | 20000 | 1 |
0.500 | 8000 | 1 |
0.525 | 7540 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
PPK (ASX) Chart |