I often have a quick glance at pre-open to see what's cooking. It has looked like this a number of times. Today I grabbed a screen shot:
![]()
Which shows a buyer standing in the market waving a lazy $1.4m at sellers. After market open, the fat bids are gone.
This isn't the behavior of a fat super fund seeking retail exposure. My guess is, it is Colosseum - who else has this kind of appetite?
So, their interest is immediate and constant. They can buy 3% every six months under the creep rule, which would be market cap $52m/.03 or $1.56m.
PAS is in play. Colosseum wants it. Are you willing to let them have it cheap?
Ash
- Forums
- ASX - By Stock
- Y'all seen this?
I often have a quick glance at pre-open to see what's cooking....
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online