Well if a 30% decline on the back of a raising is good management, then they did a great job.
I think it was mishandled and they clearly expected the sp to trade vabove 2 cents when they did the deal. They were wrong.
Now they are scrambling and Pattersons are nervous. Hopefully they will have to pump it a bit to get their money back.
I'm holding for the moment and am hopeful management can come up with something to get some confidence back.
that phone call last night, page-14
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $85.01M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $103.7K | 1.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 204084 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 280000 | 3 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| PER (ASX) Chart |