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Last edited 2 years ago
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##speeding ticket
stale
Added 2 years ago

An interesting day for PPK to say the least, up 30% on no news and looks to have been given a speeding ticket so has been placed in a trading halt. When I logged into my account this evening and saw this I was rather perplexed but after clicking on the trading halt announcement it is in relation to Li-S Energy (ASX code LIS), which from memory I believe PPK owns around 40% of.


I'd say the big hike in price either comes down to someone leaking some good news or people trying to front-run a positive announcement for LIS. If it is bad news, well could be some carnage once the halt is removed.