PKO 0.00% 0.4¢ peako limited

Why is the share price lowering before the non underwritten SPP closure

  1. 1,333 Posts.
    lightbulb Created with Sketch. 77
    Obviously some of the "sophisticated investors" obviously ramped up the share price to dispose of some of their newly acquired shares but is there something more to the reduction in the share price just before the SPP closes.

    As a long term holder I intend taking up my entitlement and some more but I'm curious at the drop in the sp. Any thoughts?
 
watchlist Created with Sketch. Add PKO (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $3.513M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $7 1.8K

Buyers (Bids)

No. Vol. Price($)
3 425000 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3433279 3
View Market Depth
Last trade - 11.36am 23/08/2024 (20 minute delay) ?
PKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.