Certainly interesting times. My two bobs worth is that PME has a good product, has sales on the books, potential sales, cash in the bank. Reporting in less than two weeks.
The whacking is perhaps a holder liquidating or an entity trying to build a position by forcing the price down and triggering stop losses.
I'm a little disappointed that the price has retreated so much but am confident that it will recover.
Bear in mind that PME is now generating revenue from it's new product and that the board have a record for paying dividends. I'm going to continue to hold.
15% drop at 8am, page-16
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Last
$251.89 |
Change
3.710(1.49%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $248.97 | $253.90 | $246.02 | $63.76M | 254.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 398 | $251.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $251.89 | 391 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
