PEX 4.17% 11.5¢ peel mining limited

Great question Pete. I had wondered the same.Could be from those...

  1. 4,168 Posts.
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    Great question Pete. I had wondered the same.


    Could be from those who were selling prior to rights issue closing ( at prices higher than $0.36 ) & who were betting they could buy it on market cheaper post the issue.

    or

    Patterson's could be gradually offloading the shortfall they were stuck with & doing so on market to those who have expressed a desire to buy.

    or 

    The low price just may have attracted the attention of those who now think it is again a compelling value proposition.

    or

    All of the above smile.png

 
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