PEX 4.17% 11.5¢ peel mining limited

The sentiment in 2009 towards exploration stocks was on another...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,768 Posts.
    lightbulb Created with Sketch. 291
    The sentiment in 2009 towards exploration stocks was on another level though. Back then you could simply report assays on a few rock chip samples from initial reconnaissance. If they were half decent you would be at a market cap of $50M virtually overnight.

    Why was sentiment so strong then? The GFC & USA Great Recession would have still been incredibly fresh events in 2009. Australia had powered through the GFC and China was seen as indestructible - is that the answer?
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.