Following the announcement of the purchase of citrofresh plx has traded some good volume and now seems to be charting higher on volume greater than 3% of the issued today.
The sellers who disliked the deal seem to have run out of selling below 8c and the bidders are now increasing in volume 8 and above.
I increased my holding on the basis the market cap of 50m shares@8c seemed a good punt for a business that talks about having global applications in the bilion dollar market of health and higeine.
Do your own ressearch as im not a broker but a shareholder who did my own by checking out the citrofresh business from their web site .
PLX Price at posting:
0.0¢ Sentiment: None Disclosure: Held