PLV 0.00% 1.2¢ pluton resources limited

give it a rest, page-78

  1. 1,340 Posts.
    CK "Anyone know why JP is dumping their whole holding?"

    Well, we don't know for certain they are selling their whole holding, they could be selling half, they could be selling but not below their purchase price (in which case we see their selling stop soon, who likes cutting losses?), they could be selling because they might have a minimum market cap restriction on stocks held, they might be selling because a new fund manager has taken over the particular fund (apparently he has) in which the PLV shares are held and conducted his own rebalancing, or perhaps just cleverly anticipated index fund selling. This can work both ways of course, if and when we get some promising news and a bit more certainty around Timeone and capex funding and a revised NPV.
 
watchlist Created with Sketch. Add PLV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.