The sp seems stuck in a .9c-.7c range with the occasional 1c high and .6c bottom. I think that a positive GMP run for DX1 would see a sp appreciation in the mid to high teens max as any money influx will be met with an enormous supply of holders wanting out at break even or even at a manageable loss.
In terms of dilution for a future CR, the 25% of the SOI remains unaltered - unlike the amount of funds being raised - as PAB should raise the maximum amount and make full use of the 25% available.
There could be 2.5b shares plus millions of new options on issue by the end of the CY.
I see a lot of risk here and a vague plan 'B' if the GMP run has issues, the current sp seems to indicate that not many are prepared to take a punt on this stock until some de-risking eventuate.
- Forums
- ASX - By Stock
- 2024 An Eventful Year
The sp seems stuck in a .9c-.7c range with the occasional 1c...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $14.40M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $8.65K | 1.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3823088 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 539286 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 3823088 | 0.006 |
14 | 6266824 | 0.005 |
8 | 5414000 | 0.004 |
6 | 6065682 | 0.003 |
2 | 2770000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 539286 | 2 |
0.008 | 1521890 | 4 |
0.009 | 960280 | 3 |
0.010 | 126000 | 2 |
0.011 | 80000 | 1 |
Last trade - 15.44pm 17/09/2024 (20 minute delay) ? |
Featured News
PAB (ASX) Chart |