PMT 12.5% 54.0¢ patriot battery metals inc.

Ann: Patriot Battery Metals Commences Trading on the ASX, page-401

  1. 11,171 Posts.
    lightbulb Created with Sketch. 1491
    "Blair Way: I guess the other thing we didn’t touch on is the fact that there's a bit of fear mongering about the $11 million financing shares, which the investors locked up for 12 months. And that has a warrant attached to it. So there's a big lump of warrants and shares that become free trading. And I think, there is some fears of, "Oh, everyone's going to take their win and just move on." Well, you and I have spoken about this a number of times. I meet with these investors that came into that financing, and they get what we have here. I don't see anyone getting out of this deal anytime soon. We still have a big runway ahead of us. People go, "Oh yeah, but you're $500 million bucks, that's great."

    But you look at some of our comparables, especially when you look at comparables in Australia or Australian-listed companies with assets in Canada, we still have bigger runway ahead of us. And, these people that came in on this financing are not talking about the first dollar that they've ever made, they see the bigger picture here. And I don't expect any, or very few. I mean, some people will take a little bit of cash off the table, and we're going to need that for liquidity down here anyways. And those shares can be brought down into the ASX pool, which will be great. We need some of them sold down here, so we create that pool. But the majority of people I've spoken to are hanging on, and they're hanging on for the same reason that you and I had spoken about. We're just not anywhere near where it's time to exit this thing."
    Last edited by readyaimfire: 09/12/22
 
watchlist Created with Sketch. Add PMT (ASX) to my watchlist
(20min delay)
Last
54.0¢
Change
0.060(12.5%)
Mkt cap ! $328.8M
Open High Low Value Volume
53.0¢ 55.0¢ 52.0¢ $2.120M 3.956M

Buyers (Bids)

No. Vol. Price($)
1 10000 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.5¢ 2000 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
PMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.