Remember on May 7th 2024, 50 million options were converted to PCL's.
It's possible this is the stock being sold out (in a fresh new financial year).
If it was, then it's probably done (40m traded today and 10m or 20m yesterday from memory) and share price should recover to 2.2c ish I hope.
Anyone caught in a panic or losing patience and getting upset with Mgmt, WDS and Namibia MME may have also added to the recent fall by selling.
A decision they may come to regret.
Deep breaths, the good news will come.
General Thoughts, page-4642
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $154.5M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $483.9K | 25.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3014636 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 9808142 | 12 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |