This news is a little whiffy.
The blow out of $20MM or $5MM or $30MM, being material, or not on a $95MM budget is... simply in competent -- another possibility involves accountants and police -- so incompetence it is.
When stocks are touted as "no brainers," as PEN was I wrobgly assumed that referred to its bullish ascent, not its management.
OV
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Ann: Construction Contractor Appointed, Budgetary Forecast Update, page-26
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $326.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $2.311M | 22.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 7426428 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7385424 | 53 |
View Market Depth
| Last trade - 14.01pm 14/06/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.5¢ | 10.3¢ | 2214409 | ||
| Last updated 14.21pm 14/06/2024 ? | |||||
| PEN (ASX) Chart |