I followed the money to find PPK.
It was the recent LIS news that interested me re battery density developments. Then I looked at the shareholder data and was amazed to find that PPK held 45% (plus BNNT 4.69%) (MC LIS $214m ... 45% $96m plus $40m PPK cash - $136m ... equates to $1.50 PPK SP, not including the other three BNNT companies.)
Combined with Molloy's buying it made for an easy buying decision.
Chart ... I'd be surprised if PPK went up through the EMA200 far without further news ($2 in effect) and will probably consolidate between those two red lines for a while. The Boeing announcement gives BNNT the credibility it's been lacking for ages so perhaps I'm wrong here and speculators jump on the BNNT bandwagon. Volume (250-300k plus a day) is the key so either PPK gets further news and retail buying to trigger it higher or we start to see algorithm trading as some bigger investors take positions. Either way it now appears just a matter of time before things get very interesting for PPK and their associated BNNT companies.
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I followed the money to find PPK. It was the recent LIS news...
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Last
44.5¢ |
Change
-0.015(3.26%) |
Mkt cap ! $40.03M |
Open | High | Low | Value | Volume |
45.0¢ | 45.5¢ | 43.0¢ | $23.31K | 52.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7601 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7601 | 0.445 |
1 | 4950 | 0.435 |
1 | 50000 | 0.420 |
1 | 15000 | 0.410 |
1 | 2469 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 6000 | 1 |
0.460 | 1427 | 1 |
0.490 | 8256 | 1 |
0.500 | 49209 | 1 |
0.540 | 1169 | 1 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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PPK (ASX) Chart |