I agree. Reasonable first day of trading (up 15% not including value of the options). Not bad considering a bit of a dogs breakfast for a register (top 20 only hold around 39% of shares) and probably some IMI holders taking the opportunity to exit.
Market cap of $8.6m (or a little under double that fully diluted) with net cash of $3.5m gives an EV of $5.1m. PKD with no revenue has a market cap of over $16m (undiluted). Plenty of room for upside if they can win some substantial contracts over the next few months.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 17881952 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9504682 | 3 |
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| Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
| BPP (ASX) Chart |
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