Well IMHO whoever was responsible for closing PAA at .007 this afternoon is incredibly poor form after a great announcement today. Not impressed.
Also if it was still the 90s or early 2000's and an announcement that was released today was released back then IMHO only the market would've easily had at least a little rally on it. That being said, there is a lot of fear and anxiety out there regarding the state of the current Aus and global economies at the moment and although the govt is shit (IMO only) at investing in innovation and value adding for all our different asx listed sectors, we are also incredibly fortunate to have a crashing dollar which will encourage more international investment because of favorable exchange rate for people overseas wanting to invest here, and low(er) Interes rates for cheaper borrowing. Markets could get ugly if two things above changed/deteriorated. But I'm no expert obviously...
Let's hope some more deep pockets pick up on PAA and show interest/ take a stake. .007 does not make my screen look good AT ALL
Key Point., page-34
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $82.65M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.8¢ | $151.1K | 877.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54714 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 371375 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PAA (ASX) Chart |