Doom & Gloom?
Just the standard human reaction: when the price is low people want to sell and when the price is high they want to buy Yep, the complete opposite to what they say they will do!
I think that this selling has nothing to do with PGI but everything to do with a fund manager that has a policy on the number of shares ir will hold. I have had this problem with another company that affected the company's price by 75%. Buyers realise what is happening and hold baxk to see how low than will go. Policy always wins out over rational thinking with these sort of investment companies.
After they were gone plus a good announcement, the price went up 6 fold.
Anyway, remember one funds group received 25m shaes as a divisemd recently and now BJ would like to buy them out. I wonder what his reasoning is?
Why no announcement? Although PG\i are obliged to report it within 3 days once they have been informed, I tHink the seller probably hasn't imfomred them yet.
Doom & Gloom? Just the standard human reaction: when the price...
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $7.422M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.953K | 754.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 42279439 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14146732 | 12 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AAU (ASX) Chart |