Hi Trent
Have a look at "la Jolla Cove" and the various companies it has "helped" Their model does nothing for share price while they are on the register. PGI's agreement with ASOF is very similar.
Now all of us here hope that the sp rises with the success of the project. But , until they run out of shares ASOF will depress the price by continually selling.
In this deal there are some brakes on their selling(20% of the volume per day- and how do you work that out until the day is over??) but sell they will. From my experience of other similar deals, I firmly believe that trading in PGI wont be back to normal for a few months and until NY fund has gone from register.
Hi Trent Have a look at "la Jolla Cove" and the various...
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.845M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $600 | 150K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 47244960 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 28860891 | 24 |
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| Last trade - 10.00am 09/08/2024 (20 minute delay) ? |
| AAU (ASX) Chart |