Well Jase
(Posters will be first in queue to sell at the opening Bell if a takeover offer comes. Always happens that way. Management is last to sell).
PEN management concentrated 100% on one project, which is clear indicator of two things.
1) Get full valuation of Lance Project and build market cap based on that. If possible bring to production.
2) Sell that project and build another project same fashion. A typical for all "Private Equity Firms".
My Bet is Lance Project will be solved to some one sooner to start project in WA or SA or South Australia.
urz moves on pen, page-13
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $299.6K | 2.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1131679 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7498529 | 47 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |