{"id":8027,"date":"2016-06-07T18:02:04","date_gmt":"2016-06-07T18:02:04","guid":{"rendered":"\/?p=8027"},"modified":"2016-06-07T18:14:43","modified_gmt":"2016-06-07T18:14:43","slug":"propanc-health-group-corp-otcmktsppch-slips-again","status":"publish","type":"post","link":"\/articles\/propanc-health-group-corp-otcmktsppch-slips-again\/","title":{"rendered":"Propanc Health Group Corp (OTCMKTS:PPCH) Slips Again"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93672\/ppch_6m_450x350.png\" border=\"0\" \/>After the terrible slide that threatened to push the stock of Propanc Health Group Corp (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a>) below the 1 cent per share mark back in the end of February we saw the ticker regain a lot of the lost value on increased volumes in March.<\/p>\n<p>&nbsp;<\/p>\n<p>After the quick gains we saw <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong> get severely corrected, but the stock managed to make another upward run in the second half of April. As the month was coming to an end, however, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong> began to slide again and May wasn&rsquo;t very favorable towards the company stock. The financial report for the first quarter of the year also didn&rsquo;t manage to inspire investors.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $1.47 million<\/li>\n<li>current assets: $1.61 million<\/li>\n<li>current liabilities: $5.14 million<\/li>\n<li>net loss: $2.15 million<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Those numbers aren&rsquo;t that bad for a company that is valued at less than $10 million, especially in the industry that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a> is in. Still, we see that the liabilities have increased significantly and the net loss is about 4 times bigger than the one recorded in the same period last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The company issued a press release in the end of last month, announcing that it has engaged two advisory firms in order to identify partnering opportunities. That didn&rsquo;t manage to help <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong> gain investor confidence either. The company stock finished last week with a 11.35% loss at $0.0203. A total of 11.28 million shares changed their owners and generated $237 thousand in daily dollar volume.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong> is definitely trying to finds its footing in today&rsquo;s trading, but you should still be sure to do your due diligence and weigh out the risks before putting any money on the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the terrible slide that threatened to push the stock of Propanc Health Group Corp (OTCMKTS:PPCH) below the 1 cent per share mark back in the end of February we saw the ticker regain&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1604],"class_list":["post-8027","post","type-post","status-publish","format-standard","hentry","category-news","tag-ppch"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=8027"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8027\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}