PEK 2.50% 19.5¢ peak rare earths limited

For those who dwell on history and like a little trivia. Back in...

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    For those who dwell on history and like a little trivia. Back in the days when PEK was under the guidance of Alistair Hunter and Mark Maine and they were progressing at a healthy rate to jorcing a very large resource at Ngualla, it was well known in PEK circles that it was their hope and dream to facilitate a takeover. My understanding was that they were convinced they didn't have the expertise to take it through to construction and production so anywhere around the $1 plus per share would have been considered.
    Bringing dreams and hopes to fruition is all about timing and their luck and timing was atrocious . They had to contend with the GFC, plummeting rare earth element prices and hence the appalling lack of sentiment for rare earth producers and explorers. The above then brought about the plummeting share price for LYC and Molycorp. Sentiment was at an all time low. This why Appian have been able to negotiate the deal of the century.
    Mind you sentiment is still at an all time low as is the SP close enough to it. The old story, always buy when no one else is interested and sentiment is low because as sure as day turns to night it will change and change quickly for a distinct upward trend. Great opportunity for newbies at this price IMO.
 
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Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $51.85M
Open High Low Value Volume
20.0¢ 20.5¢ 19.5¢ $26.52K 132.5K

Buyers (Bids)

No. Vol. Price($)
5 92293 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 4000 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
19.5¢
  Change
-0.005 ( 2.50 %)
Open High Low Volume
20.0¢ 20.0¢ 19.5¢ 6439
Last updated 14.19pm 29/03/2024 ?
PEK (ASX) Chart
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