ok, now im starting to wonder about who is bailing at .20.. The fall from .32 to .24 pretty much happened on sales of only 10-20,000; but the last few days have seen half a million go through at these ridiculous levels. I can only guess a few who bought back in the .40's are off-loading for tax loss .... still someone is happy to soak up they come on at .20-22 . Peregrine appear to have held most of their stock so they are obviously waiting for better days ....
I also note PBI and SLT's chart history ... past two years they've been sold off in June and rebounded strongly .... I imagine the company will have little to say until new financial year unless they finally sign that airway clear commercial deal. They certainly have been hard to track down of late.
anyway, a bloke should stop watching this one daily ... i liked globe's run today, shame i sold all mine at .35.
PBI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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