Thanks for your detailed reply Joewolf. I assume, as you say, that much of the selling pressure was likely from a large parcel or two purchased during the capital raising being liquidated at a loss. If this is the case it seems irresponsible to use investors funds on a short-term investment, with placement fees as the priority, and a willingness to exit at a loss. Surely this is bad for medium to long-term performance of funds under management.
The bot activity was interesting yesterday, buying trades only and at market. It hasn't started today unfortunately. I was hoping it would keep biting away towards $0.30.
PGC Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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