Ive been in and out here a few times... I think the company is strong, they are progressing rapidly of late... however the selling pressure here drives me crazy... todays announcement should see this touch the 20cent zone IMO... however the wall of sellers is literally crazy...
I would say revenue is the concern and the current bank balance... maybe thats the hold back... to be honest I was looking for entry again today, near took a chunk out at open, but the sellers just kept stacking... something seems adrift...
Company is progressing regardless... if this heads back to the 10cent mark I will be taking a massive holding... just going to watch for now... would like some trading confidence here to be honest... would be keen to see the current QTR's financials also... does anyone think dilution is about to hit PAA again in the short term?... thats the only reason Im seeing this wall of sellers...
Ann: Confirmation of Preliminary COVID-19 Results, page-61
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $85.12M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $59.53K | 337.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 518045 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 34777 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| PAA (ASX) Chart |