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1.8¢ paterson resources ltd

Disallowed potential, page-4

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3,161 Posts.

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11/03/17

00:08

Post #: 23266862
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Originally posted by demoniaco ↑

Yep. It has had massive potential for months now, nothing new.

I exited at 1.2.

PPP pumped this stock today which was a clear sign to exit at a high, and to re-enter at a lower point. Perhaps 0.009 or 0.010 in the future.

There is no reason for this pump to continue tomorrow. The reason it pumped last time was the hype over the head of a boutique stock broker buying in for $400,000 (to which he dumped all holdings for 50% profit the next day), along with PPP report. Together they caused a bit of a whirlwind pump to 1.8c.

This time there is no follow up. No news expected in the next week or two, there is no recent major holder buying in, there is nothing. The pump dies, and slowly we will see people exit and the stock will bleed out.

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Mate...I think you forgot a couple of things.
"Nothing new"- We have a new management. They've given a market update as well.
Capital restructure and cash where the positive. But we had a bad management.

"No major holder buying recently"- Stock assist bought 40m + shares.

I sold my shares due to delays and bought back at 1c after the management change.
Anything can happen. EV is still very low.

EYM Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $8.208M

Open	High	Low	Value	Volume
1.8¢	2.2¢	1.8¢	$25.16K	1.237M

Buyers (Bids)

No.	Vol.	Price($)
2	125111	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	254091	1

View Market Depth

No.	Vol.	Price($)
2	125111	0.018
1	50000	0.017
1	159999	0.016
1	420000	0.015
1	500000	0.013

Price($)	Vol.	No.
0.022	254091	1
0.025	3458	1
0.030	33334	1
0.033	105818	1
0.042	206130	2

Last trade - 14.45pm 18/07/2024 (20 minute delay)

PSL (ASX) Chart