Hussy im saying its both. We have seen massive walls on the buy side propping up the price (much higher then I have ever seen for PEN). I don't see how this can possibly be retail investors only. It seems almost like a handshake deal. Somebody here recently stated that the average price of the share placement in Oct was .019 . If thats the case then u can see how 2 parties could come to this happy unofficial agreement. One with a small safe profit, the the other at all time lows.
Just a theory, I'm sure they have timed it to b complete by march ;)
game on, page-10
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $895.0K | 7.936M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 864316 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1596253 | 16 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |