Refer to the Cash Position, in the last quarterly report, It stated that " at the end of the September Quarter 2024, Patronus has $83 million in cash and liquid investments on hand. This reflect $67M in cash, and $16M in Genesis Minerals Limited. Shortly following quarter end the company sold its remaining shareholding in Genesis for $17.794M, lifting the cash balance at the date of this announcement to $84 million"
Reference link for the September Quarterly report for your reference.https://announcements.asx.com.au/asxpdf/20241023/pdf/069g6qx86vg461.pdf
A at the end of April 2024, KIN had 38,033,337 shares in Genesis or 3.4% of GMD's issue capital. It is interesting indeed that PTN has sold the whole lot of GMD shares =): . Why KIN/PTN want to liquidate the GMD shares to have 8$M cash in such hurry? considering GMD has done the 5 years strategic Plan (ASX release "Five-Year Strategic plan" on 21 March 2024). Anyway, that is history. PTN has its own strategic plan.
Refer to the Cash Position, in the last quarterly report, It...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $107.2M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.5¢ | $34.97K | 530.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 715447 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 620858 | 2 |
View Market Depth
| Last trade - 10.51am 31/07/2025 (20 minute delay) ? |
| PTN (ASX) Chart |