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18.0¢ peak rare earths limited

The latest presentation indicates that the SML is approved.......

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shitforbrains

169 Posts.

48

26/05/22

10:36

Post #: 61631252
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Originally posted by Bradleyknows: ↑

Think its the market smashing companies with small market caps and exposure to risk.

The 3 players that had their SML's approved in Dec are performing in a similar way;

1) BKT: trading around the 27c mark post SML, now at 20c - down ~25%
2) ORR: trading at the 75c mark post SML, now 55c - down ~25%
3) STA: trading at the 45c mark post SML, now 35c - down ~22%
*****All 3 are de-risked with SML but still seeing a 20%-25% beating from the market

4) PEK: trading at 90c, now trading at 49c - down ~45%. Expected to see this as it doesn't have the SML secured yet so the project is considered more risky than the first 3 hence the additional 20% ass whooping.

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The latest presentation indicates that the SML is approved.... or is there more steps to it still?

PEK Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.0¢		Change 0.005(2.86%)		Mkt cap ! $46.54M

Open	High	Low	Value	Volume
17.5¢	18.0¢	17.5¢	$21.69K	120.9K

Buyers (Bids)

No.	Vol.	Price($)
2	106861	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	106861	0.180
9	844912	0.175
6	841667	0.170
3	1020000	0.165
2	12000	0.160

Price($)	Vol.	No.
0.185	50000	1
0.190	7011	2
0.200	54779	3
0.210	1100	1
0.215	10000	1

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