PCK 3.70% 2.8¢ painchek ltd

Its not a shame there are no shorts to be borrowed. It's good...

  1. 10,881 Posts.
    lightbulb Created with Sketch. 2008
    Its not a shame there are no shorts to be borrowed. It's good management. Only sell shares to people that plan on holding and keeping them in their grubby, greedy little hands

    If you look at IMU and BRN you see what happens when management deal with the devil. Especially IMU, not only giving out 100's of millions to the devil, later on giving them just as many so they could fill their positions and do it all over again. Excellent management of the company!

    I see it that volume arrived yesterday bigger than any other day in the last 1-2 years. They were buying up in the mid to high 5c so if they want to make money then we'll need to go higher for them to offload as they can't go short. I also know that there are some pretty rusted on holders that discuss PCK elsewhere and of the 8 million shares yesterday that got washed through, at least 4 million were LTH grabbing more for the ride. Charts will work in time but at the moment I'm thinking without shorts, without huge volume and where the buying levels are and who is buying those shares, worst case scenario is we hover mid 5c before the next rise. But my guess is we'll be 10c+ by the end of November. We'll see who's correct in time
 
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Last
2.8¢
Change
0.001(3.70%)
Mkt cap ! $45.80M
Open High Low Value Volume
2.7¢ 2.8¢ 2.7¢ $5.627K 205.4K

Buyers (Bids)

No. Vol. Price($)
4 315771 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 181781 1
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Last trade - 15.59pm 07/06/2024 (20 minute delay) ?
Last
2.7¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
2.7¢ 2.7¢ 2.7¢ 4200
Last updated 12.14pm 07/06/2024 ?
PCK (ASX) Chart
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