40c not rubbish at all
40c is definitely possible once we are closer to production.. I think PEN will rerate and catch up to peers once we get closer to production (IMO & DYOR)
PEN market cap currently $260M
Let's say SP triples from here as an example, ie 36c... gives us a market cap of $780M
We all know spot price is going higher from here, plus many great fundamentals/catalysts for PEN and uranium to list here
These market caps will be much higher later this year, but even as of RIGHT NOW, the market caps of the following companies are:
PDN - $4.09B
BOE - $1.91B
DYL - $1.17B
LOT - $714M
BMN - $558M
So as a comparison, and I know each company is different, I think PEN getting to $780M (triple from here) is highly likely
- Forums
- ASX - By Stock
- Ann: A$10m SPP Closes Substantially Oversubscribed
40c not rubbish at all 40c is definitely possible once we are...
- There are more pages in this discussion • 8 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
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $243.7M |
Open | High | Low | Value | Volume |
11.5¢ | 11.8¢ | 11.5¢ | $514.3K | 4.442M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 2561943 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 5601640 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 2561943 | 0.115 |
63 | 4226686 | 0.110 |
44 | 3939228 | 0.105 |
87 | 7393236 | 0.100 |
6 | 416516 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 5602621 | 43 |
0.125 | 4984223 | 39 |
0.130 | 4433763 | 42 |
0.135 | 3144290 | 23 |
0.140 | 1408190 | 27 |
Last trade - 15.44pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
11.8¢ |
  |
Change
0.000 ( 1.12 %) |
|||
Open | High | Low | Volume | ||
11.8¢ | 11.8¢ | 11.5¢ | 1698787 | ||
Last updated 15.59pm 13/05/2024 ? |
Featured News
PEN (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online