I suspect the principal reason for the trading halt is that the share price is artificially low, ridiculosly so given the asset, and providing just too tempting an opportunity for foxes to enter the hen-house.
The Board evidently agrees on that.
Things are being sorted, and I don't think a circuit-breaker ahead of news that makes clear the way ahead, is such a bad thing.
There has been I think a bit of faux handwringing round here about the difficulty of bringing the project together.
In fact, most of the major parameters and difficulties have already been identified and solved, the decisions made, costed and largely approved by the regulatory authorities - that's what a detailed blueprint like the DFS is all about.
- Forums
- ASX - By Stock
- PTN
- Ann: Trading Halt
Ann: Trading Halt, page-11
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PTN (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
0.004(7.84%) |
Mkt cap ! $90.05M |
Open | High | Low | Value | Volume |
5.2¢ | 5.5¢ | 5.1¢ | $62.10K | 1.156M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 270000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 270000 | 0.052 |
2 | 54901 | 0.051 |
2 | 219960 | 0.050 |
1 | 100000 | 0.049 |
1 | 102000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 300000 | 1 |
0.055 | 248770 | 1 |
0.059 | 192808 | 6 |
0.060 | 591980 | 4 |
0.061 | 11455 | 1 |
Last trade - 15.26pm 13/09/2024 (20 minute delay) ? |
Featured News
PTN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online