Talking about a vicious circle of suppressed share price, take a look at today's buy/sell orders, there are a number of buy AND sell orders for 63,400 shares or 31,700 x 2. Looks like the trick is to buy low and sell high to cream a 10% profit in doing so. Sure 10% profit sounds great, but at 5.8c, you are only talking about $370 in each turnaround.
I wish these people would read this post and realise letting the SP to return to its true valuation would bring them a lot more $$$
Valuing PYC, page-83
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $489.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.3¢ | $174.9K | 1.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1219974 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 404496 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PYC (ASX) Chart |