In my research I stumbled over this. Looks like theres a bet being played out on PMET that this will go lower. Shorts are generally on the money and to increase their position, (a winning position) they have doubled down. More heat to come I think if ASX tracks PMET.v.
GL Bill
PMT Price at posting:
72.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)