Well, there haven't been any announcements and PME hasn't been a leaky boat before, so it's either anticipation that the HY (due 21/2) is going to knock it out of the park, or a new contract is likely. Or both.
From the nature of the action it appears to still be being accumulated. Accumulation means big money, and big money looks for big pay-offs, not 2% intraday profits, more like 100 - 300%. I said once before that $38 = SH and AH becoming billionaires (USD, that is), and I hold to that.
Ann: FY18 Investor Presentation, page-26
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Last
$221.75 |
Change
7.130(3.32%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $216.99 | $224.65 | $215.12 | $38.21M | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103 | $221.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $221.81 | 426 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
