RE: Whats the deal here?5 Aug 2020 13:48
Welcome. PRIM for starters is just generally trading under the radar, and was previously known as Stellar resources which was a bit of a shoddy company and thus PRIM still carries some of that bad taste. All new management and totally different company now with as you say great investments and upside potential. Plenty of cash (Excluding GGP holding which is currently worth around our current MCAP alone) and no debt. Near term IPO in Truspine and Engage looking very good as well. Whats more is Alastair Clayton himself has plenty of skin in the game and certainly has the incentive to get the SP moving. So it does just feel, and has done for a long time that when this finally gets some attention and moves it should see a bare minimum of double todays SP.