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7.14%

1.5¢ perpetual resources limited

Im new here, read the reports, it looks good.I bought in todayGLA

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cashngrab

6,168 Posts.

106

15/08/24

22:37

Post #: 75229179
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Originally posted by bigpelican: ↑

Have been thinking about buying again

My hesitation is that its a decent enough announcement to indicate possibility of great upside but to me the share price action is incongruous and underwhelming with what was announced.

I am trying to understand why it has only gone up a measly 2 pips on only $62K worth of trades. I can see that there is about 4 quarters of funds left, which in reality will be quickly reduced if they start drilling properly with rigs as they will indeed do so. Even so I am not convinced a CR is imminent just yet. The share register is not overly bloated which should see the SP really move if the market gets behind the company in a substantial way. From a charting perspective I see resistance at 1.5c but the SP is not even there yet.

I am not down ramping as I am quite open about maybe buying in, and in any event there looks to be decent support at 1 - 1.1 c , but am am wondering whether I am missing something fundamental? For the time being I might just stalk from the shadows before making my decision...GLTAH

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Im new here, read the reports, it looks good.

I bought in today

GLA

PEC Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.5¢		Change 0.001(7.14%)		Mkt cap ! $11.04M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.4¢	$12.20K	837.3K

Buyers (Bids)

No.	Vol.	Price($)
9	6808372	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	362627	2

View Market Depth

No.	Vol.	Price($)
8	6758372	0.014
13	9426953	0.013
21	12670194	0.012
11	18843805	0.011
10	13448506	0.010

Price($)	Vol.	No.
0.015	362627	2
0.016	1750082	2
0.017	2945670	7
0.018	6236881	7
0.019	3877448	9

Last trade - 16.10pm 18/10/2024 (20 minute delay)

PEC (ASX) Chart