PUA 0.00% 0.4¢ peak minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-12

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    It in no way keeps the price down. Do you think a sell order at 10c somehow influences a buyer from bidding at 0.003? Absolutely not. You could just as easily argue that 10c sell orders encourage buying as it implies the price might actually reach 10c one day.

    The very simple reason the price is languishing is that the ground is crap, there’s no leadership to drive exploration and no money left to explore. Simple hard truths.

    Only hope for PUA now is that they drop in another asset or raise millions in cash and dilute SH to oblivion. Considering we’re already at 0.002 a raise at 0.001 or less is the only way that’s feasible.

    If the T20 is still largely intact, I expect they’ll go for the new asset.
 
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