PBL 0.00% 5.0¢ parabellum resources limited

Kman, concur - I have been short for about a month now. I have...

  1. 873 Posts.
    Kman, concur - I have been short for about a month now. I have watched the games being played with PBL everyday since they topped out at $10. I think it has been held artificially above $9.75 for a few weeks - first thought it might have been due to options expiry at $9.75 in late June - but has continued since then. Seems to hit around $9.90's and then the large buyer/s mysteriously disappear and there is nothing underneath -bombs away. Then they just repeat the process. Went short again today at $9.93 for short term. If it breaks above $10.00 will have to reassess but I can't see that this co. is worth over $10.00 long term at its current P/E. Also have got some options to hedge against a long term rise.



 
watchlist Created with Sketch. Add PBL (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.000(0.00%)
Mkt cap ! $3.488M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 151294 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 10000 1
Last trade - 16.12pm 28/11/2024 (20 minute delay) ?
PBL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.