I suspect I am at least in your age group, if not older, and have been dealing in specs stocks for many decades.
Shareholders expecting to be kept informed, occasionally, of what is happening is not 'cry-w*anking' especially when we are told over and over again that we will be given updates and then only get the .................... oh yeah - nothing.
I think you should start acting your age and learn that people can have different opinions rather than berating them.
How do you know PCL is fine?
We have basically heard nothing for 18 months despite being told of upcoming updates. Simply look at the last thing we heard from the CEO.
We were told more news in 6-8 weeks.
How long ago was that. Yep over 8 weeks ago and the answer - ignore any attempts at communication from your shareholders.
Oh, and try to contact PCL and what do you get - form letter replies with no information.
This has been rinse and repeat for about 18 months.
What fundamentals are ok. We have one O&G license and the BOD will not give any updates so unless you have a source of information no one else does how do you know?
A perfect team would keep the shareholders updated, even if to say there are still waiting on A, B & C.
The whole reason people are pissed off is more about the lack of information rather than the lack of progress.
On top of that, with all the talk of takeovers (which I think is extremely unlikely at this stage) we have a CEO with a history of taking the money and running. Hardly perfect.
PCL is becoming a case study in how not to treat your shareholders.
I strongly believe everything will work out, but there is no excuse for the behavior of the BOD and shareholders have every right to be pissed off with the mistreatment they have received.
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $89.50M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $5.632K | 513.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 15144637 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 3593010 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 15144637 | 0.010 |
18 | 9181912 | 0.009 |
18 | 4232862 | 0.008 |
6 | 2359691 | 0.007 |
7 | 11048333 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 3593010 | 5 |
0.012 | 3765948 | 11 |
0.013 | 3509261 | 7 |
0.014 | 2408742 | 5 |
0.015 | 1371302 | 5 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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PCL (ASX) Chart |