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0.8¢ peppermint innovation limited

Daily Price Movement / General Discussion, page-18

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Gameplanon

3,974 Posts.

2154

09/12/21

10:56

Post #: 58183248
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Originally posted by Brewstex: ↑

Trying to work out the strategy behind this sell down myself downtown,
Doesn't seem to be shorters going off the daily gross short sales
You would have thought all the 1cent options are well and truly gone by now
Or is there a push to make sure the options don't get exercised to avoid dilution, That's the only thing I can think of, but in this day and age 2bill shares on issue and M/Cap over 2mill is pretty common now, So Imo that can't be it as we only have a M/Cap of around 30mill,
One thing we do know for certain and that is the company is in a much stronger financial position then it was a month ago, so that's good and
with Chris Kain recently painting a pretty bright future for PIL in his interview we can assume all is good there.
So your guess is as good as mine on the share price decline, maybe just market jitters
Hopefully be back up over 2.5 soon enough

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Back around end of July when it hit 1.3, we ended up around 140 million shares traded at 1.3 over the following 10 weeks. Then another 100 million shares traded at 1.2 & 51 million traded at 1.1 over that same period.
This time we have had around 28 million shares traded at 1.3 so far. How low it goes and for how long, who knows.

PIL Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $16.97M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$1K	125K

Buyers (Bids)

No.	Vol.	Price($)
17	7023003	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	999999	2

View Market Depth

No.	Vol.	Price($)
17	7023003	0.007
22	10014996	0.006
14	12979822	0.005
9	16400000	0.004
5	9166670	0.003

Price($)	Vol.	No.
0.008	999999	2
0.009	5038215	9
0.010	8345705	14
0.011	4600644	11
0.012	7028599	8

Last trade - 10.06am 30/08/2024 (20 minute delay)

PIL (ASX) Chart