PDI 5.13% 20.5¢ predictive discovery limited

Had a look at broker data from March. Top net seller was commsec...

  1. 9 Posts.
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    Had a look at broker data from March. Top net seller was commsec @ $1.3m. Top 3 net buyer was Patersons, Hartleys and Morgen Stanly. Not that matters too much though, the three net buyers combined still accounts for less than 5%.

    ASA metal is a new name on top shareholder (4.9%). checked their monthly holdings allocation. It appears they came onboard during last October's raise.

    Not sure if we'll see any substantial holders announcement next week or after the full lot is approved in June.

    Has anyone noticed the company also issued some options to Sprott @14c? Seems like penny change for Sprott but I suppose it's a good sign they accepted it as a partial payment of the raise?

    The same Sprott/ Euroz crew broke CTM's $25.5M raise last July. The performance was good post that raise with price never dipped below raise price and stayed above twice the raise price for few months. Hopefully that is an indication of the quality of SI's they have.
    Only difference is that raise was done after their Maiden resources.

    Was told the recent raise was very much rushed so hopefully it was rushed for a good reason(bring someone solid onboard).
    https://hotcopper.com.au/data/attachments/3200/3200897-23104fe454dd7ab099f91a9479c03d76.jpg
    https://hotcopper.com.au/data/attachments/3200/3200900-8e0870699a177dc6e95b0d6aace271aa.jpg
 
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