The insider buying at PKD is properly disclosed as required by law & there's plenty of it. The on-market buyers must be pretty damn confident the company won't go bust. I can't recall but I think this was once a 20c share, so it's trading for a fraction of its past worth. Current market cap is barely $2m.
Disclaimer: Insiders sometimes get it wrong. Consider Candy Club, where astute board members were buying at the top & cursing at the bottom, a whisker away from bankruptcy. This one has cost me dearly. The converse can be seen at Kip McGrath where insider buying at 2c was highly indicative of future success.
Ann: Design Contract Signed with Luxury Audi Retail Centre, page-16
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Last
3.0¢ |
Change
-0.003(9.09%) |
Mkt cap ! $3.12M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.1¢ | 3.0¢ | $10.41K | 345.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 7643 | 1 |
View Market Depth
| Last trade - 11.04am 17/05/2024 (20 minute delay) ? |
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Last
3.0¢ |
Change
-0.003 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 3.1¢ | 3.1¢ | 3.0¢ | 68245 | ||
| Last updated 11.04am 17/05/2024 ? | |||||
| PKD (ASX) Chart |