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($) | Vol. | No. |
---|---|---|
0.8¢ | 228162 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 7264065 | 0.007 |
23 | 10464995 | 0.006 |
13 | 12779822 | 0.005 |
8 | 11400000 | 0.004 |
5 | 9166670 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 228162 | 4 |
0.009 | 3488215 | 6 |
0.010 | 8345705 | 14 |
0.011 | 4537519 | 10 |
0.012 | 7028599 | 8 |
Last trade - 10.16am 03/09/2024 (20 minute delay) ? |
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PIL (ASX) Chart |