PTD unknown

decision time

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    If you reckon that PTD is going to pull this thing off with their patent then around the current price should be good buying. ie $1.14 which is a 'soft' support.

    Note the next really solid support is back at 97c so that's the likely downside risk atm. (barring Jolly's apocolyptic $0.00

    Until today the support has held well but just a note of caution would be that I don't like to see intraday break supports - got to $1.11 earlier. It may mean nothing but any opens or especially closes below $1.14 and I reckon it would be safer to sit the dance out.

    Chart attached

 
watchlist Created with Sketch. Add PTD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.