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Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.


TSXV:PLAN - Post by User

Comment by 15Stanmoreon Dec 12, 2024 1:09pm
39 Views
Post# 36359296

RE:RE:Current PLAN Bid Price

RE:RE:Current PLAN Bid PriceThe current 52 week high for PLAN is $0.205 which was hit on November 21 before the release of the Q2 2025 numbers. Given what was shared in the Q2 financial statements and the associated MD&A, I would not have been surprised to see the $0.205 level breeched. The drop back to the $0.165 to $0.18 level has been, in my view, an opportunity to add to our holdings at prices below the current best strike price in the 2029 management stock options.

Based on the source of the PLAN shares recently sold, I can imagine that some sales are intended to crystalize tax losses ahead of the end of the 2024 tax year. I am quite happy to be on the other side of those trades if they are priced below $0.18.

Current bid is 10,000 at $0.18 and 122,500 on offer at $0.185. Nobody has bought at more than $0.18 today.
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