I personally don't know for sure about PnD but one thing is sure EdenCrete will revolutionize the building and construction industry. That is my opinion, don't take my word for it please and do your own research.
I dont think that those who pump and dump will buy 4% (40million shares) of the company in a day in the hope of selling it down!! Specially when the VWAP is about 4.2cents or whatever.
Somehow I don't think, that is how PnD works.
Looking at recent daily volumes you can see that it has been a solid growth. Even though the market conditions are not ideal, given the Greece and China events.
The company is valued at less than AU$ 40mil = US$ 29mil = CNY ¥ 186mil.
Optiblend, page-24
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $5.570M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $379 | 252.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 185677452 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 11692585 | 12 |
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| Last trade - 15.54pm 09/08/2024 (20 minute delay) ? |
| EDE (ASX) Chart |