PRU 0.37% $2.68 perseus mining limited

Then why the heck was Cannacord Citi UBS Macquarie all net...

  1. 1,036 Posts.
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    Then why the heck was Cannacord Citi UBS Macquarie all net selling heavily at 44c according to 8horses broker data?

    Macquarie has a valution of 40c neutral unchanged and they are PRUs lender who examined all the books/operations in detail!

    This move from 45c to 49c is all to do with goldman sachs & CITIC late comers.
    A small 4c move of 9% always being met with high volume at the annual highs.
    We saw that 49c to 45c move in 1 hour last week, very very vicious high volume selloff, next one is on its way soon as soon as they have imho.
    Id rather invest my hard earned into a 200%-300% mover rather than a 9% mover
    Not many goldies around left that can do this as the big 6-20 bagger runs of SBM RRL RSG NST SLR have all been done and dusted the last few years.

    But good luck, I posted I sold all mine at 45c and re-invested in TRY another way cheaper goldie with 10 times lower market cap 3 times less production lower AISC less debt less equity and less INSTO interest.

    PRU is trade range bound like usual and its at the top of that range annually now. Id rather get 200% than 9%!
    Last edited by Samboy69: 11/04/18
 
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