.... the shorters and sellers who seem to be pushing PDN down relentlessly, are aware that Dines has a $2.50 stoploss on the stock?
Could they be trying to shake loose all those long term Dines followers who would be holding PDN?
This whole push down, apart from being a GROSS overreaction, smacks of either panic selling (for no reason) or some sort of manoeuvre leading up to a hostile takeover bid.
Getting all the Dines holders shaken loose would put a whole lot of PDN shares on the market.
i wonder if......
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |