PUR 20.0% 0.2¢ pursuit minerals ltd

Ann: Company Presentation, page-58

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  1. 14,796 Posts.
    lightbulb Created with Sketch. 590
    id love to know also.
    have you contacted the company who sold you these shares ?
    they would have a better handle of things.

    all the fundamentals are there, so when sanity returns, so will value recognition hopefully.
    The spec market has been in a slaughter since FEB, with only a few sectors ahead, vanadium, uranium, medical stocks.

    So why now the rush to dump below 3.7c cr, ?
    At 3c = 4.3m mc - 2.8m cash + 0.3m debt = 1.8m ev

    thats a screaming buy for mine, but, sellers dont have peers in mind, they dont have fundamentals in mind, nor the sector, nor china rebar, nor Van batteries. They just want their cash. Is the world imploding already?

    I think that even though the ASX spec market has seen a vacuum of funds since FEB, it is now that we are seeing corrections in the US markets, that make punters think fear and doom. Part of the issue is that there have not been enough mild corrections to the US equities, and so fearing a larger correction, sky falling, the rabbits dont have the experience to judge if the earth is just trembling, or falling into the abyss.

    Fortune favors the brave and the foolish alike. But, as long as money still has a use, and Vanadium is being priced well, best sectors will emerge on top of this bear correction.

    The stock is already priced in crazy land, 2m EV ? / 0 m EV ? Ridiculous. Anything in a return of sanity has to see bags imo, but, the market, the sellers have their own brand of sky falling fever that will keep buyers staging the next lines of accumulation at legs lower for as long as the stupidity continues imo.

    looking to the mid 2's for next accumulation levels.

    All imo
 
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Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $7.270M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $8.573K 3.786M

Buyers (Bids)

No. Vol. Price($)
54 55488336 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 15705345 14
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
PUR (ASX) Chart
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