PEX 7.41% 12.5¢ peel mining limited

Nijiman, Most likely the same seller. They lost over $3m...

  1. 2,892 Posts.
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    Nijiman,

    Most likely the same seller. They lost over $3m realised loss for their loyal clients... they should put that in their report. Thank you for 50c subscription. Kind Regards.

    I loaded up plenty at 10c and still can load a lot more. Copper price expect to move up next year, this one is one of highest grade on market. Market cap $13m with $3m+ cash, less than $10m EV.

    The way they are seller their shares... just stupid, stupid, stupid. At least they should wait for good news to create enough volume to get out. When good news come, PEX can easily have 5m shares traded a day.

    Further, if they got that many shares they should have a long term view (ie 5 year vision) not a short term view. Short term view is for holders hold small amount to easily get out when required. You cannot hold 7% of illiquid stock and only 1 yr view. So they burn themselves.

    Just IMHO.
 
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Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $72.63M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $98.61K 782.3K

Buyers (Bids)

No. Vol. Price($)
2 21762 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 15999 1
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Last trade - 15.21pm 28/06/2024 (20 minute delay) ?
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