"I feel if the “ rumour” is true then Min Res may be a little peeved that news is out and may just pull back in the buying mode as retailers expecting to make a quick buck may pile in ." @ralom
It can go either way I suppose. It could compel them to accelerate buying and may even bring others out of the woodwork who have an interest in building a stake in PMT before it gets any more expensive to do so.
Time will tell but I see this as a huge positive. Retail is now beginning to take a backseat in price discovery.
Let the bidding war begin!
PMT Price at posting:
$1.66 Sentiment: Buy Disclosure: Held
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