Insulation. Safety. I don't think that it will go that far and if it does not for too long. Things that have everything to do with the large shareholders and nothing to do with the company can change that for a short term. I'm not saying I think that is the case but I have seen that happen with other companies - just an example.
I think Deakin has shown enough that this thing is real and that should keep the price above $1. Time is now the variable. PPK management haven't earnt their stripes yet. They have done a lot of talking up and I sense that they have over promised. I am not sure but we will all find out soon enough. My view is that they have talked themselves into a corner. TradingDay will recall 'the shareprice will look after itself' call by the PPK head cheese in his interview latish last year - hello, now it's time you looked after the share price, guys - been that why for a while.
The honeymoon is over I reckon.
PPK Chart, page-309
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 (20min delay)
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Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $30.64M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.5¢ | $25.20K | 72.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11337 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 31376 | 1 |
View Market Depth
| Last trade - 11.02am 14/06/2024 (20 minute delay) ? |
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Last
34.5¢ |
Change
-0.005 ( 0.63 %) |
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| Open | High | Low | Volume | ||
| 34.5¢ | 34.5¢ | 34.5¢ | 642 | ||
| Last updated 11.02am 14/06/2024 ? | |||||
| PPK (ASX) Chart |