The cashflow report as at 30 June showed PLH had less than 2 qtrs of cash left. I can't recall if they've raised anything since, but the stagnant share price may be a function of imminent raisings. Releasing presentations on how good they're going is promotional activity that also seems to indicate a CR in the works. They're going to then keep needing further ongoing raisings to fund development.
I think you'll find that will keep holding back the price for some time.
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Change
0.001(1.89%) |
Mkt cap ! $24.97M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 295040 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.4¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 295040 | 0.053 |
2 | 148884 | 0.052 |
3 | 172410 | 0.051 |
5 | 545155 | 0.050 |
1 | 100000 | 0.048 |
Price($) | Vol. | No. |
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0.054 | 1000 | 1 |
0.057 | 50000 | 1 |
0.060 | 128109 | 3 |
0.061 | 15000 | 1 |
0.062 | 160000 | 1 |
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