PMH 0.00% 26.0¢ pacmag metals limited

go you good thing, page-14

  1. 810 Posts.
    Ian I agree, trading on PMH has appears to be very controlled for some time and as you suggest a multiplicity of purposes. No doubt many consolidating positions in recent times with the nature of news coming out and presumably this would also include realising some losses at such prices prior to a return to the value of the SP now that the extent of the resource is being confirmed.

    Re the 1m x-trade in early April - PMH was on on the initial opus list put out in the press but there has been no further information or disclosure and the SP has almost doubled since then. Hence the 1m x-trade on the 2nd April would either be consistent of a deal struck and made re those opus financed shares, or as you suggest likely linked to transfer of ownership post exercise of options. I have seen nothing in the trading to warrant any concern since then - low volumes and steady rise in the last month - again just says consolidation and positioning to me.

 
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