A case of 'Welcome to the jungle, we got fun and games!' (and positioning). If it turns out we have the goods, it's going to be lightning - there is lots of eyes on this (and money) lurking offscreen; waiting for de-risking events (with the major one - a farm-in on the horizon). The major buy at 0.016 today, has also thrown the algo trading we've been seeing out of whack a little this afternoon, which I find amusing hahaha (which are typically built around a series of technical indicators like 5day-ma, 10day-ma, vwap, orderbook balancing, to achieve an outcome) - it doesn't know if it should go up or down lol!
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)