Hello everyone.
I held these guys a few years back at 1 and a bit c I think then sold after the consolidation due to uranium price concerns.
Seeing them today at 7c is quite sad, they are almost back to where they were in the 1c range before the 10 to 1 consolidation, sad. I feel for the long term holders. It can't look too pretty in your holdings.
I know a few were not pleased with the capital raising but the outcome doesn't seem too bad to me. They are a now debt free, low MC company with cash in the bank and ready to restart a very compelling uranium mine (I was once a uranium geologist for 7 years back when the price was decent).
The only thing wrong with this company is one thing it can't control, the uranium price. If this can make a move, this company is number 1 on my list to buy. But I just can't do it until I see some positivity in this market. It's like watching a slug move.
So keep your head up holders and let's all pray for some improved uranium conditions because if this gets a move along this company will absolutely make a killing. I'm talking 10x, 20x and maybe more. But it seems a long way off at the moment.
- Forums
- ASX - By Stock
- PEN
- An ex holders opinion
An ex holders opinion
-
-
- There are more pages in this discussion • 6 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
8.5¢ |
Change
-0.002(2.30%) |
Mkt cap ! $270.8M |
Open | High | Low | Value | Volume |
8.8¢ | 8.8¢ | 8.4¢ | $831.8K | 9.701M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 602474 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 1598822 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 602474 | 0.084 |
6 | 1623936 | 0.083 |
7 | 870395 | 0.082 |
11 | 1850160 | 0.081 |
21 | 2800458 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 1598822 | 3 |
0.087 | 180962 | 4 |
0.088 | 183333 | 2 |
0.089 | 221628 | 5 |
0.090 | 199954 | 5 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online