I was going to say 40 cents but won't as that will put the mockers on it
Printable View
After yesterday’s announcements, directors can now add to their holding if they wish. Let’s see how many shares will be swallowed by them if any.
Not being negative or throwing water on the fire, but isnt it surprising what an update with one renewed 5 year contract with McDonald's can really do to a share price. For those with large money available it's easy to see how quickly that money can be basically doubled in such a short space of time. Likely with positive earnings revenue will see previous Cap Raise SP form a support and possibly resistance platform. Who here see's 0.5-0.55 being the next level to meander at. I know thee are some here who feel it's going to soar right past that??
Where else can you make another 16% return in half an hour! Gains made this morning so far. After yesterdays and the weeks prior :) Crazy stuff! No wonder shares are still such a sort after base to make money off!
True, smart move. Pleanty who sold will be buying back in this week though so will likely seee continued upwards pressure which is well overdue for PX1. Congrats to holders who held steady and those that were able to buy in on this rally. Upside still another 20-30% gain to settle in at previous support level CR ~0.52. Seems a pretty safe bet at this stage, who concurs ?
You have to remember there was risk in this share prior to yesterday’s announcement. I wasn’t prepared to throw loads of good money after bad money until I saw some positive news. Glad for shareholders seeing some positive news. But buying loads at 18 cents is just gambling in my eyes. I bought a few as a gamble, but not loads as it was a gamble. It paid off.
Pretty brisk trading this morning and looks like only matter of time before 40c gets taken off. I think first target is recent cap raise price of 52c and slow grind upwards from there until HY results or further trading update on progress.
For sure Dan is the man, he doesn't seem to be mucking around and there is a sense of urgency in his actions, pleasing for shareholders.
D Ters bailing ATM, well done if you made money in the trade.
Over 2 million shares traded and 40 cents is holding for now. Is this a sign that directors or institutions are buying up some shares or just small retail investors/gamblers/traders.
Looks like retail mostly, lots of relatively small value trades. https://stocknessmonster.com/trades/px1.nzx/
When the GM is buying $234k worth of shares at 39 cents a share thats a pretty good sign business is going well!
Also means no incoming material announcements expected for the time being too.