Most probably to keep a lid on the sp while the cap raising was done at 4c. I am no apologist for this happening but I am sure a deal was in the wings for a while and I would think it's a good deal for all parties concerned. 5m cash in the bank is always good. 4.8c today. All good things happening at the moment. Pure speculation on my part.
PYC in English, page-9
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $676.5M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $1.160M | 8.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 344302 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 42942 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PYC (ASX) Chart |