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Up 230%! What’s going on with the Peppermint Innovation (ASX:PIL) share price?
Sebastian Bowen | February 25, 2021 12:31pm |
More on: Image source: Getty Images
Peppermint Innovation Ltd(ASX: PIL) shares are up an eye-catching 227% today. The Peppermint share price opened at 3.3 cents this morning and is currently trading at 3.6 cents. Earlier in the day, Peppermint shares were as high as 4.3 cents, which represented a 291% gain.
Now although this looks like a stunningly good move today that you might think has made several millionaires, the story is a little more nuanced than it first appears. Firstly, it’s important to note that today is the first day in quite a while that this company’s shares have been actually available for trading. The stock has been in a hiatus for a long time, around 1½ years to be precise.