First is the last 20 days of data and Taylor Collison secured a nice 10x for their clients off the $1.6m raise at 3.5c
The second is the last 5 days and you can see the dumping has abated with TC now net buyers and on a positive note Macquarie are the biggest buyers. Volume has dropped back to normal and the SP should recover as people buy back in as its been oversold.
When you have such a run up in the SP it inevitable there will be a dump on a liquidity event like the good news from the drilling results at Rosewood. My view is now PTR will be consolidating around this 25c to 30c before the next leg up.
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