Totally agree.
The only way PCL will be flush with cash is with a rights issue after a successful first drill.
A successful first drill should give PCL a decent rerating.
Surprise, surprise - a rights issue.
I think most PCL holders would be happy with this.
what's true value ?, page-63
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $633.6K | 44.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9878918 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 18735192 | 7 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PCL (ASX) Chart |