Well, they could have done the CR a few weeks ago when we were 25c. The share price capping and recent drive down makes sense now, the institutions wanted a cheaper raise!
If PDI follows their historical CR trends, we should have a nice bull run following IMO. Especially in the current bullish gold environment. I now think the market movers were very aware this CR was coming up and the main reason we didn't break above 30c in these amazing gold conditions.
I can't imagine the raise will be below 20c imo.
Ann: Trading Halt, page-3
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $433.4M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.0¢ | $229.4K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 572888 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 120850 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
18.3¢ |
Change
-0.005 ( 2.98 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.3¢ | 529671 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PDI (ASX) Chart |