PAA 5.56% 17.0¢ pharmaust limited

Has someone just gone "free carry".For instance ( just using...

  1. 2,163 Posts.
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    Has someone just gone "free carry".

    For instance ( just using these guys as an example, not saying it's them )
    $2.1M at .10c = 21M shares.
    Sell 5M at .425 = $2.1M - that's my costs covered.

    16M shares left ( thanks for coming ) - all profit from here.

    Just guessing on price action this morning.

    https://hotcopper.com.au/data/attachments/5993/5993596-c87372289c7014e1985cc27d55a85b83.jpg
 
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