Overlay PEK and the XSO, the announcements were made at far different periods/auro's in the market, this was made at a potential turning point in the market. It rose quickly in recent quarters... if you were sitting on 100% gains from a short period and markets where giving off huge warning signs of a drop, wouldn't you sell to?
Moreover at those points they had cash to complete the drilling campaigns, now i am not to sure about the total cash remaining.
Alot of investors use the sell now and buy back lower approach when a cap raising is imminent;
Me.. i dont want the CGT clock reset, and am ready to increase my holding on completion of capital raising.
I'm young, have very high risk tolerance, don't have major expenditures, or a lot of cash sitting in PEK (relative to my total wealth). So i play the hold and waiting game for now.
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $47.86M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $111.7K | 625.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 516338 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 44926 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 516338 | 0.175 |
5 | 831674 | 0.170 |
3 | 306774 | 0.165 |
4 | 263156 | 0.160 |
1 | 51212 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 44926 | 1 |
0.195 | 71880 | 2 |
0.200 | 5500 | 1 |
0.215 | 10807 | 2 |
0.220 | 18500 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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PEK (ASX) Chart |