Two stocks I punted in the uranium space are PEN and ACB .
Both have some cash , around 18 months left at current spend , but I cannot see how at such an early exploration stage , and in harsh locations, that these Uranium explorers are going to be able to be able to raise money to survive
Both still have a significant premium over cash in their market cap , and in my opinion are worth PEN sub 2c , and ACB sub 10c
I sold and took my loss
time to cut losses
Add PEN (ASX) to my watchlist
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $1.256M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1319659 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3294808 | 27 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |