PMT 1.96% 52.0¢ patriot battery metals inc.

Ann: Patriot Battery Metals Commences Trading on the ASX, page-33

  1. 16,099 Posts.
    lightbulb Created with Sketch. 3132
    Why is anyone surprised PMT is up 100% ?

    PMT asx listed ipo at $60mil now up 100% so its become $120mil market cap x 10 = AUD$1.2 billion market cap as this is CDI 10:1

    This is merely getting aligned to it TSX listed market cap PMET is at CAD$8.54 with 131mil shares on issue that is CAD$1.12 billion market cap or AUD$1.23 billion market cap.


    If PMT does not get aligned to PMET tsx values there will be an arbitrage difference for traders to exploit.


    https://hotcopper.com.au/data/attachments/4896/4896802-2250a6165db083bcf9cbf156faa85177.jpg

    https://hotcopper.com.au/data/attachments/4896/4896788-d72104d737e2d84bb2f5004210f0c357.jpg

    https://hotcopper.com.au/data/attachments/4896/4896791-721aacd5e5883d8508a11d1c8374cd5f.jpg

    Last edited by kevin103: 07/12/22
 
watchlist Created with Sketch. Add PMT (ASX) to my watchlist
(20min delay)
Last
52.0¢
Change
0.010(1.96%)
Mkt cap ! $323.9M
Open High Low Value Volume
50.5¢ 52.5¢ 50.5¢ $1.288M 2.499M

Buyers (Bids)

No. Vol. Price($)
1 50000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
PMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.