Maybe its as simple as this. SP has had a low (circa) 4 cents, many people took a position then and later at well below current SP. This news is good and so the saying goes sell into the good news.
After all while there is a strong reporting agenda this year the next results are probably a couple of months at least out and that brings the end of Financial Year and Tax etc into play.
Perhaps its just holders adjusting positions for those kind of practical reasons. I mean its not a sell off just modest trading with no strong buy preasure as the market doesnt perceive a great rush presently. My thoughts.
PTX Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
