Now here's a pretty conundrum...what to do? Buy PEB or DIL or both :scared:. Both at good prices. Both undervalued - IMHO. Both the potential to go a little lower.
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Now here's a pretty conundrum...what to do? Buy PEB or DIL or both :scared:. Both at good prices. Both undervalued - IMHO. Both the potential to go a little lower.
Big lots being off loaded at 50 cents last two days and now an ask of "u 1" at 50. Does this indicate a seller has lots more avail at 50? Can we determine who it is?
I see the sole seller of the last few days has just gone undisclosed at 50c, seems pretty desperate to cash up when there is little else all the way up to 58c, poor fellow must getting totally worked over by those divorce lawyers.
Could have $1M in the stack, who's knows, should be enough to go around, make hey while the sun shines I say.
Hardly a major new resistance level. It is one seller getting out. It certainly has found plenty of support at this though.
Ha, who knows why an individual would sell a quality well managed stock like PEB with years of growth ahead especially at a time when it's so undervalued and presents as one of the best entry points in the market.
But good luck with that shopping list, there's always room for optimism.
The seller had 2m to sell, the remainder of which (1,794,235) have just gone through at 49c. A good springboard for the sp now that its overhang has been lifted. I for one am pleased I picked up a few more at 50c.
A few nervous small players in there to sell at 53-57. Bigger sellers not obvious until 58. Looking good.
BC
Someones calculator is broken. 1,000,000 too many shares in final total in latest announcement from PEB.
REL: 1540 HRS Pacific Edge Limited
ALLOT: PEB: Notice of Change in Issued Capital Stock
NOTICE OF CHANGE IN ISSUED CAPITAL STOCK - ORDINARY SHARES
Pursuant to Listing Rule 7.3.5
Company: Pacific Edge Limited ISIN NZPEBE0002S1
Date: 11 October 2013
Date of Issue: 11 October 2013
Issued Capital Prior To Issue Previous Issued Capital - Listed: 280,111,693
Shares Issued Fully Paid: 78,091
Issued Capital Subsequent To Issue Total Issued Capital: 281,189,784
Class of Security Issued: Ordinary Shares
Issue Price: $0.46 per share, being $35,921
Percentage Issued: 0.00028%