I reckon funds been accumulating few months now pushing SP lower excess of 50m traded Feb alone with someone mopping up daily.
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I reckon funds been accumulating few months now pushing SP lower excess of 50m traded Feb alone with someone mopping up daily.
Almost all stocks where Morningstar has a buy end up doing alright for some reason or the other ....
PPH is one of their biggest Buy with a target of $ 2.05 ...so another positive going for PPH ....Craigs too
PPH is so beaten down now that even a small spark can light a big fire ...11th May results or before is the question . W69 is showing interest means something going on ...lol
Todays price action is dead cat bounce or start of something bigger ? I wonder ...It came from Aussy side so maybe much more to come !!
Surely something serious going on ...Anyone aware of the chatter ? Please enlighten us ...
When a reasonable company goes so much below its intrinsic value ( Even Morningstar had $ 2.05 valuation who is known to value growth stocks poorly ) then all try to pile in including insiders ....
Craigs have them in their broker's pick this year ....I dont remember seeing a small cap in their picks since very long ....so that is something about its valuations
For sure, you only need to ask those poor investors who got sucked in at $8.50 in 2020 when Hulijch family sold their stake (before 4 for 1 split) which equates to $2.125 currently. That's gotta hurt badly having held close to 2 years and sitting on 50% less capital value, for those that're still holding.