It will take time to fully realise the value of PUR for the benefit of shareholders, traders will do well with this stock as it moves through the cycles (again) from here. However medium to long term growth is highly likely IMO, the PUR fundamentals are impressive.
I like the comparable chart provided by PUR below, if PUR captures even 10% of Largo's value, where does that take our valuation and subsequent share price? Not to mention exploiting the full value of Koitelainen and building a world class asset equal or of greater value to Largo in Brazil. Yes, I know this would a massive undertaking for PUR, however at current MC and expected progress from here, I know where I would rather be investing at this time, and it's not Brazil.
A number of positives are lining up for PUR, good management, great prospective resource/s, hungry market for Vanadium and a great spread of resources to exploit. Wish I was on the board of PUR, going to be quite ride from here.
I'm locked and loaded with a nice parcel averaging mid 3's, I'd be very surprised if PUR doesn't grow in value from here, its an absolute little ripper IMO and cashed up now as well. (no doubt to the distress of some long term holders) however that's not an uncommon cycle.
Success is not guaranteed, however it certainly looks like PUR has all the ingredients !!
Good luck to all !!
M
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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($) | Vol. | No. |
---|---|---|
0.3¢ | 15705345 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 211170 | 0.025 |
3 | 274000 | 0.024 |
4 | 1346362 | 0.023 |
3 | 2445000 | 0.022 |
6 | 1690080 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 100000 | 1 |
0.027 | 500000 | 3 |
0.028 | 265829 | 2 |
0.029 | 337994 | 3 |
0.030 | 707095 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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PUR (ASX) Chart |
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