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2.35%

8.3¢ peninsula energy limited

Accumulation Time - Huge Upside Potential, page-20

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You3OAte

6,449 Posts.

1191

21/05/18

13:10

Post #: 33232639
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Originally posted by scatterbrain ↑

My sentiment is BUY, of course I'm going to state facts that support that, I don't really understand your point there. Your SELL sentiment sits with the majority at the moment, exactly why now is the time is to accumulate quality undervalued uranium stocks - the recent action from the PEN top holders supports that statement. The PB is flawed as much as the next model, however there's no denying it states that the company is currently valued lower than its net assets, suggesting a very limited downside.

The facts are:
- the top holders have been buying
- the book value of PEN's net assets are worth more than its market cap
- PEN has US$22m cash
- JORC of 53.5m lbs at Lance
- 57m lbs project in South Africa to divest for $
- There is limited downside and huge upside
- there is a uranium boom coming

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I wish you luck scatterbrain. You are one hell of a gambler - gambling on an acknowledged technical failure, with little more than corporate fluff that it can be turned around.

PEN Price at posting: 26.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 8.3¢		Change -0.002(2.35%)		Mkt cap ! $264.5M

Open	High	Low	Value	Volume
8.5¢	8.6¢	8.2¢	$453.2K	5.435M

Buyers (Bids)

No.	Vol.	Price($)
2	249998	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	88201	3

View Market Depth

No.	Vol.	Price($)
2	249998	0.083
14	1944401	0.082
14	2381409	0.081
28	3295825	0.080
6	1183885	0.079

Price($)	Vol.	No.
0.085	88201	3
0.086	500000	1
0.087	82721	3
0.088	194960	3
0.089	200001	3

Last trade - 16.10pm 22/08/2024 (20 minute delay)

PEN (ASX) Chart

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