I don’t want to sound like a pumper… however this seems to be getting purposefully suppressed.
Yesterday’s news should have been much better received by the market. And it initially was. And then we proceeded to get sold back down.
The impact of yesterdays announcement to the OPEX and the final product was massive IMO.
There is significant news on the horizon and the pattern of trade just seems to be for accumulation. The volume into the announcement was OK. And then sold down on smaller volumes yesterday.
Just doesn’t appear to be a sell the news style announcement for mine. And IF a takeover offer is forthcoming post the MRE then logically the lower the price the better it looks.
Similar tactics prior to the LTR offer earlier this year. I am not keen for a TO. But would also like to see my investment valued accordingly. Time will tell.
PMT Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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