@Magic2000 Appears to be a cross trade, where shares have been strategically repositioned. This is very positive for PPK shareholders, through this execution they have done us a favour. (That is, these shares were not dumped on the market.)
Two possible scenarios (and I am only surmising)
- A) A movement from the estate of our recently departed Director (God rest his soul) or
- B) Shares that were held in escrow (8.6M), as a result of PPK completing the acquisition of AICIC and a 50% interest in BNNT Technology Ltd (which occurred around March 2019)
The way this was handled is good news.
We could see more of this (given there may be more shares to deal with, example 8M), if we do it will provide more support of this thesis.
Very solid volume on Friday, $20.80 could very well be our support level. New upward trend looks likely on the back of the volume. Not to mention a host of positive announcements through the multiclade of ventures.
ASX300 stepping stone, prior to a move into the ASX200.
IMO DYOR
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.19M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 22222 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.390 |
1 | 6784 | 0.380 |
3 | 30000 | 0.370 |
2 | 11514 | 0.365 |
1 | 7934 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 22222 | 2 |
0.420 | 3821 | 1 |
0.425 | 25000 | 1 |
0.430 | 12015 | 2 |
0.435 | 10000 | 1 |
Last trade - 10.06am 27/06/2024 (20 minute delay) ? |
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PPK (ASX) Chart |
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