PGH 0.59% 84.5¢ pact group holdings ltd

Only one recognised transaction up so far today, 1326 shares at...

  1. 564 Posts.
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    Only one recognised transaction up so far today, 1326 shares at the the opening bell. The rest, I would assume traders trying to sell a bit to accumulate more. I hope many guys from holder ends see through this and just hold on until TOP hits the hammer.

    What I truly wish for is the TOP turn up and feel sorry for our little minions and say 'take over bid ends' and whatever shares from 1st of March onward that RG acquired to be put on sale via ASIC. By then, RG still had to put the bid protection at 84 cents for 2 more weeks and depart.

    He can't come back in minimum of 6 months to 12 months and that gives us all the time we need to buy more shares. Due to lack of shares remaining, either the price will improve (hopefully) or big holders will suck in the remainder shares that float on the market. That way, for sure RG had no choice but to enter 2nd negotiation bid and pretty much the price will rise. How much it rise by, I would say even now or till September or even later, it is only up to big holders like Manipur and User123 and other key players to decide.

    By the look at the buyer support, excluding RG's volumes, we can clearly tell that even all sellers volume on the market right now, couldn't take down 84.5 cents. I don't see how price is going to drop. We are just waiting for the hammer to hear victorious news.
 
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Last
84.5¢
Change
-0.005(0.59%)
Mkt cap ! $290.9M
Open High Low Value Volume
85.0¢ 85.0¢ 84.5¢ $27.96K 33.09K

Buyers (Bids)

No. Vol. Price($)
2 34451 84.5¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 45625 17
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
84.5¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
84.5¢ 84.5¢ 84.5¢ 4063
Last updated 15.22pm 10/05/2024 ?
PGH (ASX) Chart
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