I think and hope you are wrong .
Looking at past 6 months, analysing all announcements and SP movements it indicates to me that Friday's and today morning sell of was more of sign of incoming news than negative sentiment from casual holders.
IMHO, Ken & Co are working overtime to finalise terms for new BOA's chasing biggest upfront payment.
Once this is done, I would expect number of announcements and hopefully one on proposed
finance.
I still give benefit of doubt to the management and any weakness in SP is just an opportunity for a little top up.
I managed to pick up a very small parcel (only 30000 @0.53) for my company holding.
No other option for me other than just wait and be patient.
It's On - ..60c Barrier is being attacked, page-141
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| PLS (ASX) Chart |