No reason for any LT holder to move their stock from the TSX to ASX CDI's unless they have decided to take some off the table. Who could blame them for wanting to de-risk their position after accepting a 12 month escrow. Plenty of loose stock to be sold into the ASX as the blow out in CDI's by about 1600% in a month demonstrates.
But with the arbitrage back the TSX looks a better opportunity for those that like the project.
Wonder when the $2 million or so for "marketing" will run out. Shameful waste of shareholder resources if you are not a seller.
Ann: Statement of CDIs on issue - PMT, page-8
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Last
50.0¢ |
Change
-0.010(1.96%) |
Mkt cap ! $311.5M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 49.5¢ | $1.192M | 2.354M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22521 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 20333 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |