PCG pengana capital group limited

whats going on here, page-3

  1. 1,372 Posts.
    nasyt1 I also wonder "what the f)(k is going on here?"
    It has traded 1.8M shares today. The normal average trade is ~200k. The recent ann confirmed extension to contracts on top of new ones. The revenue for the half is off because of some project delay but it will be back up in the near term when the projects get up to speed. This was old news though.It sounds good news to me a long term holder. Now this. I expected a rise in sp today not a fall. The large volume is a mystery. Some out there are picking up a bargin at this price. Can the big seller also be the big buyer? Is there any sense in forcing down the sp, unless you intend to pick up a heap at the lower price? This action would only force up the price (IMO) when you start buying as the normal volume is small.
    It looks fishy to me but I wonder if some one will put up their hand?
 
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(20min delay)
Last
80.0¢
Change
0.030(3.90%)
Mkt cap ! $79.16M
Open High Low Value Volume
80.0¢ 81.0¢ 80.0¢ $34.14K 42.66K

Buyers (Bids)

No. Vol. Price($)
1 4000 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.5¢ 4244 1
View Market Depth
Last trade - 14.07pm 20/06/2025 (20 minute delay) ?
PCG (ASX) Chart
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