PEN peninsula energy limited
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Ann: Update on Central Processing Plant Commissioning, page-281

  1. poppypop
    1,973 Posts.
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    12/02/25
    19:36
    Post #: 77827947
    On a speculative stock 176m cap with a $1.02 share price is a glimpse into the future share price trajectory. As a general rule of thumb a 1 billion market cap equates to a $1 share price. Therefore Pens share price will be at 17.6cps sometime in the future. I don't know why it happens like that but that's how it seems to work in my 17 years experience trading on the ASX.
    PEN Price at posting: $1.02 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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62.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $98.97M
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