I sold out 83% of my holding yesterday soon after the announcement. I did not feel comfortable with the long time line to get the PSG plants funded and in operation as well as the capex requirement for them. Really the PSG plants are key to unlocking the NPV.
So for me, it's about the too long timeline and so-so metrics together with funding costs for the two stages of PSG.
Have still kept a significant amount for a longer-term hold. I've been in since mid single-digit share prices so have done fine to date.
I sold out 83% of my holding yesterday soon after the...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $304.9M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $201.2K | 1.690M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1320670 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 459596 | 7 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.005 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 11.8¢ | 12.5¢ | 11.5¢ | 1340070 | ||
| Last updated 15.51pm 21/05/2024 ? | |||||
| RNU (ASX) Chart |