Well we have reporting due out in the morning.
All I can say is all those instos that came in at 70c PLUS all those analysts saying the price should be around $1.20 would be REALLY hoping that the news tomorrow has some wow factor attached to it.
Otherwise, some large instos will be sitting at their 15% holding worth around 50% what they paid a few weeks ago, and analysts estimating a share worth which is now 25% of what they estimated.
If that's the case, expect some fireworks as a few fairly big groups investigate what went wrong - what was it they missed in their valuations, was any info hidden, were PDN comments giving a much rosier position etc. I realise that the PDN position is that the paused asset sale and this CR are totally independent events - but these are all options to look into. The Singaporeans must be fuming.
Well we have reporting due out in the morning.All I can say is...
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Last
$10.10 |
Change
-0.140(1.37%) |
Mkt cap ! $3.019B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.10 | $9.97 | $18.94M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 991 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.11 | 10315 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |