PCK

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3.9¢ painchek ltd

PainChek General Discussion, page-6207

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Year15

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07/10/19

20:01

Post #: 40762558
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Originally posted by AlCp: ↑

I think you've missed the point, the discussion was around what the directors would do when they exercise the 120M shares at 2c for just $2.4M, and it will affect the pps if there are no buying pressure and they "need" to sell the shares to lock in their profit. You can't argue that there has been a lot of dilution in a few month, I've never seen that much shares diluted in a few month outside an IPO or major CR, have you?

Whether this major dilution of 14% in a few month for only $2.4M has already been factored into the MC is debatable as some RI won't even know this or what a 3B is and at the start of November, they will notice that the MC will actually be $335M if the pps stays at 33.5c.

If they do or don't sell and the market still values PCK's MC at currently $335M, then this discussion is muted but I think the MC will get re-rate even if they don't sell (as I think even right now it's tad overvalue).

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Yep ...... makes total sense ...... 42m options converted since July 22. Price has gone from 18c to 33c. Yep super point

Overvalued it may be, but the options will have nothing to do with the future valuation.

You have the same inane, illogical arguments that you had when you were @user23, losing bucketloads on mirabela nickel.

PCK Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.003(8.33%)		Mkt cap ! $63.79M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.7¢	$22.05K	582.2K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	165999	2

View Market Depth

No.	Vol.	Price($)
1	200000	0.036
1	150000	0.035
1	323529	0.034
4	378698	0.033
3	317812	0.032

Price($)	Vol.	No.
0.039	165999	2
0.040	200025	2
0.041	44192	1
0.042	306028	4
0.043	181299	2

Last trade - 16.10pm 09/08/2024 (20 minute delay)

PCK (ASX) Chart

PainChek General Discussion, page-6207

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