The great mystery to many is why PTR fell from 40c to under 30c on a great announcement on 6 Feb featuring really good extensions.
I came across an excellent post on the MEU thread on hotcopper that analyses this in some detail and which already has 46 up votes. Here is the link:
Why PTR dropped on good news
https://hotcopper.com.au/threads/company-announcements-on-asx.8434335/page-3?post_id=77745347
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Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $106.8K | 365.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 106156 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 179999 | 1 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| PTR (ASX) Chart |