Whether the stock drifts lower is anyones guess with 5 rigs cranking out spod intercepts. I dont think thay PLS arent in a position to make a play on PMT. Dale is a rookie CEO and wont be splashing out billions and its not a current priority.
The new M&A guy joining the team will be advising Dale - what they should be doing now is taking a small position just like MIN but instead are sleeping at the wheel building their cash position month by month.
Ellison is a shrewed operator, he screwed Ken a few times over and it will be interesting to see how he plays this one out.
CHARTING THREAD ONLY, page-125
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Last
29.5¢ |
Change
-0.020(6.35%) |
Mkt cap ! $174.0M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 28.5¢ | $2.132M | 6.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42338 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 562281 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PMT (ASX) Chart |