It's called underwriters holding $24M of stock desperately wanting to offload it. Volume is already 5x Friday volume. There are keen buyers taking bargain stock willingly from the underwriters.
PEN 20 cent target, page-6
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $306.2M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $411.9K | 3.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 8313003 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 7600073 | 54 |
View Market Depth
| Last trade - 11.52am 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.3¢ |
Change
0.000 ( 2.74 %) |
||||
| Open | High | Low | Volume | ||
| 10.8¢ | 11.3¢ | 10.8¢ | 3376582 | ||
| Last updated 12.12pm 29/05/2024 ? | |||||
| PEN (ASX) Chart |