My guess going forward is:
SP up to $1.20ish, then placement at $1 to cornerstone investor for say 10 million shares.
That achieves minimum dilution, $10M in the kitty, plus a tiny extra liquidity that people seem to think we need. Then gradual climb towards $3 around the release of the initial JORC in 4 months time.
Just a very uneducated guess :) Loving PEK at the moment!
peks day of reckoning, page-46
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $47.86M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $111.7K | 625.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 516338 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 44926 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |