I agree, likely a pre-emptive strike by PCL to ensure the shorties could not continue dealing 'out wide'.
The risks here greatly outweigh the rewards (as with all wildcats),,,,,,,, I do not see a plausible drill result related reason for the TH, and clearly nor do TLW or Afri.
Not sure who ultimately gets 'protected' as should a discovery be made .....the 'shorts' would have to buy back making for a greater 'sugar spike'.
However these smarties simply 'play the odds'... so perhaps PCL just decided to shut the party down early after reviewing the last weeks trading?
Interesting, ,,,,I have not seen this before...... mid drill or otherwise.
GL
DYOR
I agree, likely a pre-emptive strike by PCL to ensure the...
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1.4¢ |
Change
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Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6743469 | 1.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 958636 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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