Good point alluded to Trees, what is PALA thinking? Clearly they are unlikely to have exited as we would have seen this by now.
If I can observe that, with 200million PEN shares traded yesterday and nearly 80million today, you are looking at a huge divestment from the speculators (and the weak willed for mine), but still we see high 7c as the price. Sure, it has migrated back from 12c last week but I would have thought that if there was a real lack of confidence, the price would be back at 2c with no buyers - but it isn't. It is stil at the price it was around Christmas time, just three months ago.
There is a reason for that - confidence, exhibited by the fact that someone (or two) has bought 280million shares is the past 24 hours. I don't see anything to worry about.
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Last
10.3¢ |
Change
-0.008(6.82%) |
Mkt cap ! $350.5M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $352.5K | 3.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
66 | 10595930 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1950967 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
66 | 10371158 | 0.100 |
5 | 374525 | 0.099 |
12 | 1604043 | 0.098 |
5 | 604000 | 0.097 |
7 | 2261624 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1235271 | 18 |
0.110 | 8523214 | 56 |
0.115 | 5698491 | 44 |
0.120 | 7616266 | 63 |
0.125 | 2427983 | 19 |
Last trade - 10.27am 30/07/2024 (20 minute delay) ? |
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