I am guessing it is a capital raise to produce, as suggested in the past.
If so, this is a game changer.
The description of the transaction in the trading halt though clearly leads one to believe it is a take over from most probably Northern Star.
Either way, the share price will double tomorrow given its current under valued position.
Ann: Trading Halt, page-73
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $8.414M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $76.60K | 751.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 105171 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PGO (ASX) Chart |