PEN peninsula energy limited

Ann: Consolidation/Split - PEN, page-133

  1. 3,452 Posts.
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    "Infact I challenge those reading this to find an example of a consolidation not leading to lower prices directly after a consolidation, hard to find even 1 example , but plenty of recent examples of it working out bad."

    Hard to find an example? Ok, here's a URANIUM example..

    BOE did consolidation around 29/11/21.. share price went from $0.31 to $2.48.

    Now let's look at the chart below from around November 2021 onwards.. it just went upwards.. some sideways action.. then hit a peak of $6.11

    Even after the pullback we've had this year and recently, it's still at $3.44 (above consolidation price)


    See chart below
    Last edited by tutes: 03/11/24
 
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