No worries @numis
There has been a steady increase of funds on platform and revenue growth for many years now.
I see no reason why this would not continue at this point in time.
26c would be good buying today. Having said that - I need to see some decent TA as mentioned above.
I will be watching PPS closely in the coming weeks/months, looking for the best re-entry point.
My friends at Fat Prophet have them as a spec BUY, and have so for some time. Naturally with this type of stock - you need to bear in mind that it is a small cap, and with it comes risk. The fact that PPS still has not produced it's first year of profit, astounds me. Apparently this was mentioned in the recent November AGM.
A quote from some recent research -
"Praemium continues to make inroads in its quest to achieve sustainable profits for its shareholders from FY15. While FY15 is expected to feature a net loss on a reported basis, management stated at its AGM that Praemium will be profitable on “an underlying basis”.
All the best
Gracie
PPS prospects, page-8
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Last
66.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $250.6M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $16.45K | 24.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 53677 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 41050 | 4 |
View Market Depth
| Last trade - 10.12am 27/11/2024 (20 minute delay) ? |
| PPS (ASX) Chart |
