As Pauline Hanson once famously said PLEASE EXPLAIN! I personally am at a loss to explain PEN's deflated SP. We have had a wealth of good news lately with the PTM,finance and increasing reserves at both Lance and Karoo. The only final hurdle is the SML which is a given, especially as the draft SML has already been issued. The U3o8 price is finally starting to move in a positive manner so everything seems positive and yet the SP languishes below 4c. I realise we will not be producing until late 2013 at the earliest but surely we have been de- risked with all the recent developments and a re rating should be on the cards.
Good luck to all holders.
please explain
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $280.4M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.2¢ | 8.7¢ | $727.8K | 8.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118068 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 120132 | 3 |
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| Last trade - 12.22pm 07/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |