TTH - I have one comment on your long post from a couple of days ago. That is - you are incorrect re significant selling pressure from convertible note conversion at end December.
Close to 100% of the convertible notes were held by directors of PLT - just look at the change in directors interests that were issued when the conversion became effective. If any of these shares were being sold we would know as the directors concerned would have had to lodge further notices of change of interest.
HOWEVER - the end of Feb conversion is an entirely different story. I suspect that many of these notes are not in nearly such "friendly" hands.
If I were a PLT shareholder I would be pretty bloody afraid of how the impact that note conversion might have on the share price. . . . .
things appear good, page-17
Add PLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
72.5¢ |
Change
0.005(0.69%) |
Mkt cap ! $127.1M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 73.0¢ | 71.0¢ | $6.584K | 9.132K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 142225 | 1 |
View Market Depth
| Last trade - 15.40pm 10/07/2024 (20 minute delay) ? |
| PLT (ASX) Chart |