The price is up 6% to 35.5 cents.
I hope that the under writer and his mates have now unloaded the shortfall to long term buyers; who got shares at a bargain price.
Although the price of PEX is very low the company has got the cash they needed and the drilling can go ahead.
I expect that they will finalise the Pre-Feasibility Study for Mallee Bull and commence the permitting process to advance Mallee Bull towards a potential near-term, low capex mining operation. This should get the share price moving.
trading details, page-4
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $11.37K | 98.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 113500 | 3 |
View Market Depth
| Last trade - 15.48pm 29/11/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
