Looks to be an 'over hang' issue. Looks like someone is selling down big time and suppressing the stock at these levels - just look at the volumes over the past few days - maybe 'Paradice' continuing to lighten up?
I was betting on the Platinum Price to drive this stock - however the company isn't in great shape.
It would be nice if someone stepped in with a T/O offer - not sure who and for what price.
It's got to be good for the medium/long term - just hope I can hang in there for the ride!
Cheers
Gus.
PLA Price at posting:
20.5¢ Sentiment: None Disclosure: Held