PLA
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0.00% 6.7¢ platinum australia limited

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  1. Hotfire
    19,658 Posts.
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    18/11/10
    16:04
    Post #: 7494604

    Well i have already participated in the capital raising, added at 0.545.

    SP driven below 0.56 to ensure underwriters pick up the shortfall.

    Am I surprised it got below 0.56, nope!

    Watch the auction period...the buyers parked below the low and the sellers above 0.555.....

    Looks like CBA has had enough.
    PLA Price at posting: 55.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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