PTN 7.84% 5.5¢ patronus resources limited

Ann: Diggers and Dealers Presentation, page-61

  1. 2,496 Posts.
    lightbulb Created with Sketch. 5
    To the bidders at .01 and .02 it's my understanding that when entering a bid it is only allowed to be a certain percentage below the current sp. Your broker should know this!!
    Check with ASX and I strongly recommend you get expert advice.
    read rule below:

    Part 5.7 Manipulative trading

    5.7.1 False or misleading appearance

    A Market Participant must not make a Bid or Offer for, or deal in, any financial product:

    (a)as Principal:

    (i)with the intention; or

    (ii)if that Bid, Offer or dealing has the effect, or is likely to have the effect,

    of creating a false or misleading appearance of active trading in any financial product or with respect to the market for, or the price of, any financial product; or

    (b)on account of any other person where:

    (i)the Market Participant intends to create;

    (ii)the Market Participant is aware that the person intends to create; or

    (iii)taking into account the circumstances of the Order, a Market Participant ought reasonably suspect that the person has placed the Order with the intention of creating,

    a false or misleading appearance of active trading in any financial product or with respect to the market for, or the price of, any financial product.

    Maximum penalty: $1,000,000
 
watchlist Created with Sketch. Add PTN (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.004(7.84%)
Mkt cap ! $90.05M
Open High Low Value Volume
5.2¢ 5.5¢ 5.1¢ $62.10K 1.156M

Buyers (Bids)

No. Vol. Price($)
1 270000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 300000 1
View Market Depth
Last trade - 15.26pm 13/09/2024 (20 minute delay) ?
PTN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.