Top member reports
Company Report
Last edited 3 months ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#31
Performance (3m)
10.1%
Followed by
5
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#Bull Case
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.