I remember posting, some time ago before the "big announcements" that were supposed to change everything, that PEN was clearly going through a distribution phase and I was taking notice and selling. I got a long lecture post from somebody, outlining all the things that were going to shoot the shareprice through the roof. I am so glad I chose to ignore that lecture!
The charts were right; the big boys already knew what was going on and it is really a bit late now to be asking what's happenning.
Pen has been distributed and is now being marked down.
We will have to see how far it is pushed down and how quickly it can recover.
whats going on..., page-3
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Last
11.3¢ |
Change
-0.003(2.17%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $138.2K | 1.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 824677 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3205954 | 45 |
View Market Depth
| Last trade - 12.35pm 16/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |