August & September traditonally been lowest quietest months for World markets...Coz U.S. (the biggest) ...the big Brokers/traders go on vacation ...
So lotsa markets just dribble along sideways at best ...of course individual companies will have announcements for drilling hits/M& A etc...
The Chart shows we have a strong support level .. at $1.40 -ish...zone...
& with 10 DMA & 20 day Moving average at $150 -ish.....next week could see S/P cross above...maybe an announcement with good news could be the catalyst..
I cant see S/P dropping to $1.15 unless for a black swan event on world markets (war with russia /china etc)
Speculation PMT may be an acquisition target for PLS, page-133
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Last
56.0¢ |
Change
-0.005(0.88%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 53.5¢ | $2.302M | 4.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 102219 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 2250 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PMT (ASX) Chart |