PEN is now the 13th most shorted stock on the ASX @7.53% or approximately 95 million shares. IMO it will take some very good news to shift that position. With the share price @ 10 cents and the SPP at 7.5 cents the shorters are having a field day. The dilution is significant and a combination of raise and debt funding would have been a better outcome
for shareholders. Having said this once in production and revenue generating things may trend upwards nicely. If the bull market continues. GLTAH
New processing plant, page-33
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |