To add something more I just added to my holding here after noticing the price had reached lowest since launch.
….Which - based on my past experience - is no indication it will not fall lower.
My logic - such as it was is;
-currently the market is one that many are cashing out of, and Pentanet is NOT an exciting company in the near term in regards potential for ‘zoomies’.
- But it seems solid
- Maybe it is being hit particularly hard by the selling of some/all of the 12m shares that came out of escrow late last year plus stop losses?
… Also IPO investors (25c a share ?) are still well in profit and might be heading for greener pastures? (Ouch that’s a lot)
- BUT there will be a base from which the price will turn around (I hope) and maybe I should have waited till then except I am impulsive and hope others with deeper pockets and analytical skills will see value and start buying too.
-Market Cap $86.07M (at 40c a share) and last quarter it had ~$29m cash [quarterly results 27.10.21] minus $4m since then, invested in Canopus.
I think/hope the price will turn round if all goes as management hopes.
cheers
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.16M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.5¢ | $3.974K | 113.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48109 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48109 | 0.035 |
2 | 102735 | 0.034 |
2 | 75887 | 0.033 |
2 | 362500 | 0.032 |
1 | 20000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 50000 | 1 |
0.038 | 143547 | 3 |
0.042 | 22687 | 1 |
0.045 | 200000 | 1 |
0.047 | 141000 | 1 |
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