PGM 0.00% 2.5¢ platina resources limited

half the shares are firmly held. Major shareholders own 50% of...

  1. 1,411 Posts.
    lightbulb Created with Sketch. 6
    half the shares are firmly held.
    Major shareholders own 50% of 37 million shares?
    hasnt been huge volumes despite 700000 ANZ Opes dump
    priced pushed down to 60c by opes. to 55 by munni munni news,Greenland has always been the major play

    tax losss selling may start but cannot see that being greatly significant
    cash burn 1 million per Q, has 3million in cash
    may be placement
    pp may be correct "send it down to 20c provide support via a mop,rally it up to 50c and sell it to pay for the placement and then ensure 20c is seen again.
    Offer placement at 50c and then plebs like you and i will not take placement and thus the boys club look after themselves yet again.
    anyway...i bought on friday. I think there is profit in it from here
 
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