I would say we'ed see the SP lift once the SML is granted but it's all about timing.
Monday will be interesting as these announcements from PEK only came out after the market had closed, the Dow closed 2% down on Friday and you'd expect our market to follow suit.
I know the SML is yet to be confirmed but a lot of the SP movement is driven by sentiment ATM in my opinion.
Interesting times ahead let's see what happens on Monday....
SML APPLICATION, page-3
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.61M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $76.13K | 350.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24242 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 38557 | 1 |
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| PEK (ASX) Chart |