My guess going forward is:
SP up to $1.20ish, then placement at $1 to cornerstone investor for say 10 million shares.
That achieves minimum dilution, $10M in the kitty, plus a tiny extra liquidity that people seem to think we need. Then gradual climb towards $3 around the release of the initial JORC in 4 months time.
Just a very uneducated guess :) Loving PEK at the moment!
peks day of reckoning, page-46
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Last
19.0¢ |
Change
-0.015(7.32%) |
Mkt cap ! $50.62M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.0¢ | $36.97K | 183.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 156516 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 5503 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| PEK (ASX) Chart |