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PM1 pure minerals limited

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Ann: Quarterly Activities Report & Appendix 5B, page-6

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krazyox

89 Posts.

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28/10/20

10:02

Post #: 48443441
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Originally posted by Tcb007: ↑

FYI also used Foster Stockbroking as the lead manager and arranged 2 tranches for their CR which was done at 6c. Their shareprice ran all the way to .32c and averaged mid 20's for a couple of weeks prior to the release of tranche 2 shares. Yup, it would have been ideal if tranche 2 was cancelled as Foster destroyed momentum and dumped heavily once they got their hands on the tranche 2 allocation.

I get what you guys are saying but it will never happen.

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I agree it would never happen - these AGMs are often formalities. I do wonder why they postponed the original AGM - maybe they needed to get more support from the top 20... You'd be crazy to take it to a vote not knowing who was backing you.

Rest of holders can send a signal though.

PM1 Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Quarterly Activities Report & Appendix 5B, page-6

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