Not sure what anyone else thinks. However after the last few months selloff in the market and the huge drop in resource stocks again today I thought PEN held well once again.
One positive out of today is that the market displayed signs of (mini) capitulation after the prolonged downturn.
Is this the bottom? Who knows, I certainly don't. If the market doesn't hold at this level then we would have to expect another run on margin calls, if that hasn't already occurred.
One thing I did notice today is the selling generally in the market was huge early on and then slowed considerably. I would like to view this as a glimmer that this is nearing an end.
All spec stocks completely unloved today though, with PEN only having a very slight fall on low volume.
A bumpy ride to the top along the yellow(cake) brick road.
- Forums
- ASX - By Stock
- PEN
- positives out of today
positives out of today
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
8.4¢ |
Change
0.006(7.69%) |
Mkt cap ! $269.2M |
Open | High | Low | Value | Volume |
8.3¢ | 8.5¢ | 8.2¢ | $1.203M | 14.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 164289 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 1000155 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 37019 | 0.084 |
9 | 324190 | 0.083 |
8 | 371915 | 0.082 |
11 | 354565 | 0.081 |
9 | 459501 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 1000401 | 14 |
0.086 | 447008 | 12 |
0.087 | 1092287 | 10 |
0.088 | 44500 | 2 |
0.089 | 123363 | 3 |
Last trade - 14.06pm 12/09/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |