The great mystery to many is why PTR fell from 40c to under 30c on a great announcement on 6 Feb featuring really good extensions.
I came across an excellent post on the MEU thread on hotcopper that analyses this in some detail and which already has 46 up votes. Here is the link:
Why PTR dropped on good news
https://hotcopper.com.au/threads/company-announcements-on-asx.8434335/page-3?post_id=77745347
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Why PTR fell from 40c to under 30c on great news
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $93.31M |
Open | High | Low | Value | Volume |
26.5¢ | 27.0¢ | 26.5¢ | $5.634K | 21.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 155640 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 9509 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 155640 | 0.265 |
5 | 73913 | 0.260 |
2 | 25660 | 0.255 |
1 | 10000 | 0.250 |
1 | 18367 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 9509 | 2 |
0.275 | 10000 | 1 |
0.280 | 26715 | 3 |
0.285 | 41781 | 3 |
0.290 | 10000 | 1 |
Last trade - 10.40am 25/06/2025 (20 minute delay) ? |
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PTR (ASX) Chart |