PAB 0.00% 0.4¢ patrys limited

I don't really see how BBY will be able to pump the stock again?...

  1. 104 Posts.
    I don't really see how BBY will be able to pump the stock again?

    To create the level of interest (and liquidity) required would require a couple of million dollars, and I can't see them taking the principal risk that may see them lose money on the trade, which could easily eliminate any fee earned from PAB for placing the shares?

    Now that we've seen what they're doing, any attempt to push the price before 11 March will be viewed with plenty of skepticism and likely trigger more selling. The one factor that remains unknown is whether the company has any news to release. Given management's propensity to release price sensitive news at opportune times I would've thought if they had something up their sleeves they would've released it with the first pump to get a larger chunk of the shortfall away? That said I really wouldn't be surprised if the details of the Onyx IST are provided in late Feb to give them a chance to raise the remainder.

    Bottom drawer time for me


 
watchlist Created with Sketch. Add PAB (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $8.229M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $5.431K 1.357M

Buyers (Bids)

No. Vol. Price($)
9 26519870 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 7889760 12
View Market Depth
Last trade - 11.23am 15/11/2024 (20 minute delay) ?
PAB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.