Australia's largest stock trading and investment forum Australia's #1 stock forum

PPL

Click for more information

5.26%

1.8¢ pureprofile ltd

Ann: PPL secures new debt facility with big four Australian bank, page-6

First 6 Last

Share
Profile

Follow
investig8

252 Posts.

428

20/12/23

15:19

Post #: 71551222
Share

Originally posted by Superclover: ↑

My guess is a departing board or staff member, who couldn't sell whilst on the board / team. If so, given the scale of the share based incentives, I suspect this has a bit more to play out, as the payments were generous. Problem with small caps and remuneration in shares. When they sell in low liquidity, share price is depressed. We will have to be patient a while longer, unless management can drum up some interest in the stock, liquidity is too low to reflect fair value. The good performance over the past 2 years is not reflected in the SP. The share based incentive payments have been cleaned up (from what I understand), but we are paying the price for previous poor governance right now. A general lack of interest in small caps doesn't help, but the tide will turn.

Expand

There has been over 10M million shares trading hands in the past few days. All being absorbed at an ever decreasing SP.
Thats deep pockets, and I would speculate it's not all retail buying.
It has certainly given me the chance to average down

PPL Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

SRX

Worker dies at Sierra Rutile mine

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

There are more pages in this discussion • 1 more message in this thread...

First 6 Last

Add PPL (ASX) to my watchlist

(20min delay)
Last 1.8¢		Change -0.001(5.26%)		Mkt cap ! $20.86M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$6.101K	338.9K

Buyers (Bids)

No.	Vol.	Price($)
1	99999	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	145600	2

View Market Depth

No.	Vol.	Price($)
1	99999	0.018
2	3325000	0.017
2	34450	0.016
1	89926	0.015
1	800000	0.014

Price($)	Vol.	No.
0.019	145600	2
0.020	412111	2
0.021	500000	1
0.022	94460	3
0.023	324002	1

Last trade - 13.20pm 19/06/2024 (20 minute delay)

PPL (ASX) Chart

SPONSORED BY