PEN 4.76% 10.0¢ peninsula energy limited

worst stock of 2011, page-33

  1. 446 Posts.
    lightbulb Created with Sketch. 17
    Words of wisdom coolgrace i concur.As mentioned previously this stock has been smashed we all know that; nothing new here, but beyond this mess is where the "Real Prize" is "Massive Upside Potential" and you'd reckon if we achieve those higher prices i.e. sp which we will in the not to distant future,then best to raise new equity at much much higher prices if PEN needs to.The higher the better, that way we can offset any market volatility in future bear cycles i.e. delaying possible cap raisings as a result of short term bearish sentiment and low base sp as well as less dilutive for existing shareholders.Still holding pen and reckon this is a good opportunity to buy in the fear.I reckon If you can't run with the big dogs, don't get off the porch.
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $318.6M
Open High Low Value Volume
10.0¢ 10.5¢ 9.8¢ $1.946M 19.47M

Buyers (Bids)

No. Vol. Price($)
1 131212 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 2355724 29
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.