Why is anyone surprised PMT is up 100% ?
PMT asx listed ipo at $60mil now up 100% so its become $120mil market cap x 10 = AUD$1.2 billion market cap as this is CDI 10:1
This is merely getting aligned to it TSX listed market cap PMET is at CAD$8.54 with 131mil shares on issue that is CAD$1.12 billion market cap or AUD$1.23 billion market cap.
If PMT does not get aligned to PMET tsx values there will be an arbitrage difference for traders to exploit.
Why is anyone surprised PMT is up 100% ? PMT asx listed ipo at...
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Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $299.0M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 47.0¢ | $1.114M | 2.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5710 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 12061 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |