Absolutly agree. Will be interesting to look at broker data for first week of this month when available. From a TA perspective strikes me as somewhat of a capitulation type move. There are still those options excercisable at 1.2cents by Aug 8, 2025 (circa $6m worth) - wouldn't expect these to come into play until we are significatly re-valued. Then IIans performance incentive options at 3.5cents (approx $1.2m at excercise price). Good to get some price action!
PCL Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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