The momentum (from good news/announcements/MC buying) combined with illiquid shares on market which carried it up has not only stopped but turned into negative/no news/MC tapped out &/or happy now at 5% and lack of new buyers in a market spoilt for choice.
You need to remember the IPO was at 20 cents & with shares picked up around if not lower than that on market, a lot of people sitting a reasonable sum & return.
So this is not a unique situation and 64 cents then 54 cents could be on the horizon but I expect this to be a blip in the scheme of things if it is an investment versus trade.
CHART- PFT, page-546
-
- There are more pages in this discussion • 258 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PFT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.517M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28304 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 2600 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| PFT (ASX) Chart |
Day chart unavailable