Too funny "Push this down" .... current PMET Share, warrant and option holders will be the ones pushing this down as they head for the hills with the massive profits they have made. Good on them. New punters need to realise those profits are gone and not be suckered by the spurious arguments put up by the ramp crew here. Even management valued PMT at 60 cents a CDI and there are potentially 10s of millions more of them to hit the market. The Piggy back warrants wow what a win for the holders. Not so good for new holders as the register ballons out when they are all converted to PMET then a chunk to CDI's.
Don't expect there to be any shortage of willing sellers anytime soon.
Almost all ASX buyers are in the red here. How much more pain for NEW holders is to come.
Wonder what $ 1.5 million buys on a pay by the post gig ?
PMT Price at posting:
83.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)