Forum Topics PPS PPS Bull Case

Pinned straw:

Added 3 months ago

Praemium is the ugly stepchild in the M&A intense private wealth / advisor space. While nowhere near the quality of other companies, I took a position around $0.38 several months ago, viewing it as a relatively decent floor to offer some protection while waiting out a turn around or opportunistic offers (which were in vogue at the time). So far this hasn't eventuated, but until the price breaks further down or the company story materially degrades, I am a willing holder of a small position. Will be watching for further updates but the mixed/neutral December update (17-JAN-24) had little negative effect on the share price, which I found comforting.

neke86_
2 months ago

Exited this morning in my real-world account at ~$0.44.

Wasn't expecting them to make acquisitions and the report is so-so. Don't understand the business well enough so sticking to my rules. Over and out.

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