Yes Joe I think it's a mistake to sell at 35 cents. For the last 4 months there's been a gradual chipping away at resistance on a backdrop of positive announcements and financial results from the company.
I did some sums and more than 9 million shares have changed hands at an average price of $0.335 cents during this time.
Resistance is now breaking and selling at such a small premium to the average price from the last 4 months is a mistake. The next line of resistance as caketin mentioned is at 40 cents and above.
If I wasn't so overweight PGC I'd buy more at 35 cents and you can see buying support building there now.
Yes Joe I think it's a mistake to sell at 35 cents. For the last...
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Last
36.3¢ |
Change
-0.033(8.23%) |
Mkt cap ! $595.9M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 35.0¢ | $479.0K | 1.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 47917 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 35641 | 8 |
View Market Depth
| Last trade - 13.31pm 25/06/2025 (20 minute delay) ? |
| PGC (ASX) Chart |