PEN is not exactly a penny dreadful.
It is a stock that has:
1. JORC resource.
2. $50m or so credit facility.
3. Just raised $10m or so.
4. Low capex & low opex.
It is a company that his ticked all of the right boxes heading for cash flow.
Have you charted BHP & RIO recently?
They are certainly not penny dreadfuls yet their share price has fallen more than PENs.
If PEN proceeds to plan, shareholders will profit 200% to 400% over the next 2 years.
This return will not be received on RIO or BHP.
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $334.4M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $307.8K | 3.050M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
90 | 11181652 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 8000791 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
91 | 11187859 | 0.100 |
9 | 734518 | 0.099 |
15 | 738134 | 0.098 |
10 | 1043092 | 0.097 |
12 | 2519590 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 8002744 | 42 |
0.110 | 3701602 | 38 |
0.115 | 4514665 | 30 |
0.120 | 6268185 | 56 |
0.125 | 2581067 | 23 |
Last trade - 15.55pm 09/07/2024 (20 minute delay) ? |
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PEN (ASX) Chart |