PIL 0.00% 0.8¢ peppermint innovation limited

The stock is a speccy at the moment so all comments are valid. I...

  1. 550 Posts.
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    The stock is a speccy at the moment so all comments are valid. I have done some research on PEGG and don’t see these guys as the type to have the wool pulled over their eyes.
    I have also considered that they chose to take a strong position at 2.5c off market, to try and get 80,000,000 shares through the market at anything under this price would have been difficult if not impossible so a smart move on their behalf in my opinion, this also indicates to me that it is a short term play as they did not want to accumulate on market over time to get their fill. A long way ahead for the share price considering this has a market cap of 16Mil if all goes to plan.
    PEGG have a history of early entry into start ups and benefiting from multiple bags in the short term even more for a medium term play.
    Just need to work out if there is smoke and mirrors or is this the real deal, I’m going with the later and taking a calculated risk at that. Good luck all....
 
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Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $16.97M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $11.62K 1.452M

Buyers (Bids)

No. Vol. Price($)
17 7264065 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 228162 4
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Last trade - 10.16am 03/09/2024 (20 minute delay) ?
PIL (ASX) Chart
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