Ognid, with your experience in Share Trading, I am "surprised" you come with such a very simplistic explanation as to why the price (3 cents C.R Sellers...)is stack in a Limbo, or appears to thus behave, for a while now...
Unless , of-course, your motives are not exactly as altruistic as you desperately are trying to present them to be to other PAB holders...
Here is why: Right now, there appears to be a seller of 700,000 shares (whom, you "classify" as a lucky candy taker of the 3 cent C.R).....Right? You think he is a Real C.R Holder? A real seller? Maybe he is ...Even being prepared to sacrifice some shares for the.... "Greater Good"...
But to me, If He Really was one of those who got "chipies" at 3 cents, He, Or THEY (more than likely) would have created , over the last few weeks , such an atmosphere of negativity and panic selling, in order to sell their shares???
Of-course NOT! They are much smarter than (well...At least trying to be) both of us!!!
No. All, or most of the selling in the last few weeks, Was NOT GENUINE. It was One Trader, one Individual in the Know selling to Himself or to other Friends , who are also "initiated into the PAB's Esoteric World"...
You DO KNOW VERY WELL, the Environment (Genuine Or Artificially created)required to Sell A substantial # of Shares... It's one of Increased Euphoria and Potential ...Profit Making Thinking....One of Utter Positiveness!!!
Nothing like this "Pessimistic", and full of "Negativity", atmosphere that has Engulfed our ...PAB of late....
So??? What is one to believe with PAB's Rather Unconventional Behaviour of Late??? Well.....The Road Show in the USA, must by now be well and truly over... And we Should Have some News soon.,..Or, one would Hope, SEE the REAL REACTION BEFORE LONG, From US Based Fund Managers, Institutions, Companies, And even Individuals...For that: Read the Opening 3-4 Paragraphs of PAB's Latest Announcement Referring to the Road Show...
Cheers......Ti Kaneis? Eisai kala?:)))
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.40M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $620 | 88.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 5809153 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1618945 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 5809153 | 0.006 |
16 | 7030776 | 0.005 |
7 | 4425000 | 0.004 |
5 | 2730016 | 0.003 |
2 | 4520000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1618945 | 3 |
0.008 | 2057547 | 3 |
0.009 | 133332 | 1 |
0.010 | 1592000 | 4 |
0.011 | 1080000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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PAB (ASX) Chart |