I wonder if the board’s recommendations for the founders to sell a small portion of their holdings is to create greater liquidity of PME’s outstanding shares and therefore may qualify for the ASX100 when the next rebalance occurs.
Thoughts? I am clearly not an expert in this space, but the market cap alone clearly justifies inclusion. It’s only the liquidity that is lacking.
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Last
$308.50 |
Change
-11.350(3.55%) |
Mkt cap ! $32.22B | |||
| Open | High | Low | Value | Volume |
| $315.05 | $318.75 | $308.29 | $45.45M | 146.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 316 | $308.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $309.76 | 74 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| PME (ASX) Chart |