PEL 0.00% 1.7¢ pelican resources limited

Ann: Trading Halt , page-8

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  1. 12,600 Posts.
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    Well, my prediction was close but no cigar for shareholders it seems...Sad, as it would have been nice to increase ones holdings. Now those wily "sophisticated" shareholders will make their quick profits....

    Still, this one remains on track for good profits. The timing of the capital raising with the announcement that the transfer of leases is completed was excellent and shows the strength of feeling towards the stock i.e. capital raising at 10 cents, share price rises to 14 cents (as I type). Clearly, sellers are staying away.
 
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Currently unlisted public company.

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