"Is there one professed PEN long term fundamental holder out there who is in profit?"
Your play on words is excellent 10/10.. There isnt a long term holder (exc EXT and a few) on the whole ASX that would be in profit or did you miss the GFC?
Since I entered the markets around xmas 09 That would qualify me as a long term holder :-)
Bought pen avg 1.2 mill @ 3c (sold and left pen a few months back)
New average 1.4mill @ 4.1c
Im very much in profit
I no longer trade Pen as I firmly believe it will be the next best thing in Uranium. Hartleys S/t target would be tempting though..
The last sell down of PEN has been "artificial" partially.
During a CR instos put up money for profit. The money is recouped by selling down their holding. This has nothing to do with Pens fundamentals its just 'business"
This has created a red candle that is not 100% true so cant really be factored in to a chart.
Time will tell
long term chart, page-32
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |