I refer you all back to my post from Friday at 10.04am. What I would be concerned about is the failure of liquidity Tuesday to NOT be considerably higher than Monday's trading volume.
In fact since this stock has been well and truly pumped, the daily volume has been as follows
Tues 21st = 159.3m
Wed 22nd = 163.6m (up 2.7%)
Thur 23rd = 61.4m (down 62.5%)
Fri 24th = 71 .9m (up 17.1%)
Mon 27th = 52.5m (down 27.0%)
Tue 28th = 33.5m (down 36.2%)
Seeing liquidity fall by 36.2% today pending the last hurrah is an exceptionally bearish move for any pump and dump.
I remain a true believer that today the bulls will try to push PRR higher to no avail...it will fail to reach previous short time highs and liquidity will dry up...the in-fighting on this thread will then commence!
I'll enjoy watching from the sidelines
best of luck
Redmond
PS...now that the swine flu is well and truely front and centre this will exacerbate the situation with the PRR dump...maybe 2.6c was fair value, Lawrence has 57.7m shares to get rid of and IMO he will fill and kill all and sundry on the way down!
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Last
34.8¢ |
Change
0.008(2.21%) |
Mkt cap ! $515.6M |
Open | High | Low | Value | Volume |
34.0¢ | 36.0¢ | 33.5¢ | $1.889M | 5.400M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 211388 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 162595 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 213954 | 0.345 |
13 | 155404 | 0.340 |
9 | 184456 | 0.335 |
13 | 279720 | 0.330 |
5 | 158320 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 165742 | 23 |
0.355 | 166784 | 21 |
0.360 | 154998 | 10 |
0.365 | 129530 | 9 |
0.370 | 191435 | 8 |
Last trade - 15.22pm 18/09/2024 (20 minute delay) ? |
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IMM (ASX) Chart |