The new bidder has been joined buy another buyer also wanting 400,000 shares at 3.6 cents.Getting close to 13mil shares wanted.!!!
However,still NO SELLERS.!!!!!!!!!
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I've had some dealings with this company and liked the way it was operating
The trouble is the high exchange rate affecting them though.
peat.exchange rates,earthquakes.Nothing stopping them.Increased profit,expansion from profits,without coming back to shareholders for cash..Pleased you liked the way they operate.I do too.!!!!!!
"the company is no longer dependent on the dollar to be profitable,rather it is the level of profitability that is impacted."from annual report.
Well,you just never know what is going to happen on the sharemarket.On a day where markets are in trouble PAZ hits a year high at 4cents with 260,000 shares being traded.Back to none being for sale ,again.
did you get some Percy?
volatility coupled with lack of liquidity can provide a risk premium for non insto players
50,000 shares gone through at .036 cents today.1st buyer is now at .04 for 1,000,000 shares,but again no sellers.
As Peat warned ;"We have had a record six months in sales which were up almost 25% on last year,but most of the benefit has been eroded by the high NZD."
Seller at 4.5 cents.30,000 shares.
25,000 sold at 4cents last week. 30,000 sold at 4.5cents today.buyer at 4.1,seller at 5cents.
Well you can sense the excitement building.!!!! Buyer at 4.2 cents wants 1mil,while the seller of 154,505 is holding out for 5 cents.
And a big welcome to the bidder at 5.5cents.who wants 154,505 shares.Note there is a seller at 6.5cents for about the right amount;
And so it came to pass that buyer and seller were of one accord.154,505 traded at 6cents today.