re: News: Proto Resources (ASX:PRW) for Octobe... Hi M T W.
Admittedly they are now at the PENNY dreadful stage (better use my second christian name in future LOL )......However it wouldnt hurt to put in a bid at around 3.5 or so. My feeling is that with another few drops in the Dow, which is just around the corner IMHO, they will probably trade down to that level.
With what they have in reserve they MUSTTTTT be on someones radar as a future takeover or joint venture and any drop in price below the above level would in my opin ion be very unlikely.
Hope you are keeping well.
Karlene
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