Well, hang on a minute. Peak was down around 15 cents on the 14th. It's bounced up 3.5 cents since then - a rise of 23% - and you're surprised that people are selling? It's called taking profits. Nothing wrong with that at all; in fact, I'd be more concerned if we didn't see a pullback along the way. (let alone the ~50% rise for the placement shares).
I don't think it's a pump and dump, more people locking in their gains. I reckon there's a fair chance - not a certainty, mind - that we'll be staring 20 cents in the face in the next fortnight. Especially if the MOU comes through.
up, up, up!, page-6
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $54.61M | |||
| Open | High | Low | Value | Volume |
| 20.8¢ | 21.5¢ | 20.5¢ | $9.32K | 44.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6906 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 7599 | 1 |
View Market Depth
| Last trade - 15.30pm 23/08/2024 (20 minute delay) ? |
| PEK (ASX) Chart |