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1.05%

9.4¢ peninsula energy limited

Ann: Company Presentation - August 2024, page-26

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Jaat308

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20/08/24

20:53

Post #: 75292932
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Originally posted by AlbertE: ↑

Sentiment is absolutely terrible at the moment. Company has raised money to enable it to be cash flow positive next year and yet it is just a penny away from all time lows.

Is the spec market that bad? Very little liquidity. Uranium market down even though the long term contract pieces are still above $79/lb. This is not just Pen affected, but for a company to be chased up and boasts one of the largest and growing resource in the US so close to production and be in me penny from all time lows has me completely gobsmacked.

I am not fore one second saying we should be in the 20s at the moment but above 10c at the least. Or closer to 12-13c. But at these prices. I would not be surprised to see a low ball takeover of our assets for under $400m. And that would be a travesty.

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all the sector is on average is about 50% down from the start of year way way oversold !
on what the Kaz increase of 2.1mlb please !!! Everything out here about uranium just get better !
imo the big end are in total control

yep very possible takeover target plenty of cash to get to production and cheap when comparing

PEN Price at posting: 8.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 9.4¢		Change -0.001(1.05%)		Mkt cap ! $299.5M

Open	High	Low	Value	Volume
9.3¢	9.5¢	9.1¢	$744.5K	7.959M

Buyers (Bids)

No.	Vol.	Price($)
2	42501	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	251092	2

View Market Depth

No.	Vol.	Price($)
2	42501	0.093
2	262500	0.092
9	992521	0.091
15	2628185	0.090
6	2989970	0.089

Price($)	Vol.	No.
0.095	251092	2
0.096	293088	2
0.097	192684	2
0.098	392600	6
0.099	1343450	8

Last trade - 16.10pm 27/09/2024 (20 minute delay)

PEN (ASX) Chart