"Next level of support on a weekly chart is 6 cents" The previous day post is "with multi year level of 10 cents smashed 8 cents is the next support level". In all seriousness are you a technical chart analyst?
You see the problem with your suppositions are "you have no skin in the game". Yes we can all see PNR'S share price is woeful. Firstly a capital raise when the company has 32 million dollars and the PNG asset earmarked for sale, this situation is not likely........or am I missing something. Second the shares that are traded on this stock on the wholesale level are not insignificant; in fact they are quite large. Accordingly one may deduce the largest shareholder is doing short / long trades whilst the price is so low and until a clear pattern / trend is established. Whilst there is nothing wrong nor unlawful with this trading tactic it does not always support the price, which is quite evident.
Without prejudice can you give enlightenment as to your keen interest in this stock without your actually owning any of the stock?
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $774.4M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.0¢ | $645.9K | 5.594M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 102273 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 2792386 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 102273 | 0.115 |
20 | 2805132 | 0.110 |
19 | 2322498 | 0.105 |
29 | 1718373 | 0.100 |
3 | 110001 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 2792386 | 38 |
0.125 | 1745171 | 14 |
0.130 | 566246 | 7 |
0.135 | 224202 | 6 |
0.140 | 982404 | 8 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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PNR (ASX) Chart |