PLA 0.00% 6.7¢ platinum australia limited

renounceable rights issue allotment, page-5

  1. 1,316 Posts.
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    Is that it?

    Perhaps an early call, but the post-rights sell off might be done.

    Now a full hour since the last trade at 8.7cents (11:42:10 AM) and the buyers are just starting to return.

    Volume so far today of 5,571,817 marks about 60% of the rights which were traded on the market. Someone's made a small packet - but now back to the main show.

    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1659512&msgno=7698510#7698510

    I had predicted there might be an overhang issue, but perhaps it's already been gobbled up? Just got to clear up the 2.5m sitting at 8.8-9.0cents and then I'll be happy we're back on track.

    Cheers

    Gus
 
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