Yes it is looking like the selling pressure is abating. At a time of year when we generally see a sell down I think the Kain's execution of their objectives as per their timeline, some positive numbers in the report and the expectation that we pick up the emi at some point will get us back to where we should be. Hard to say where that is because the market has been funny to PIL. But I'm tipping we need to eventually be at or above our peers considering we hold a product which is superior.
Did I see somewhere that a business was sold which simply had an emi licence and nowhere near the products that PIL have for a significant premium to PIL's valuation? Perhaps I have that wrong.
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Yes it is looking like the selling pressure is abating. At a...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.97M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $8.811K | 1.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 6264065 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1286767 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 6264065 | 0.007 |
22 | 9464996 | 0.006 |
13 | 12779822 | 0.005 |
8 | 11400000 | 0.004 |
6 | 9166671 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1286767 | 4 |
0.009 | 5038215 | 9 |
0.010 | 8408830 | 15 |
0.011 | 4537519 | 10 |
0.012 | 7028599 | 8 |
Last trade - 10.46am 02/09/2024 (20 minute delay) ? |
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PIL (ASX) Chart |