PEN moved from 10.5 to 11 this week. It did not go below 10.5 for the whole week and also had a touch of 12 - so very good price action this week.
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At this stage I feel the sell due to PEN announcements may have played out for now and that phase should be over, hopefully. It lost a lot in last few weeks since UEC pulled the plug. For now I feel the general U sector will be key factor in SP of PEN. I still feel its a bit undervalued so having a slightly higher weight here though I hold over 10 U stocks.
Personally holding from my shares at 8.8 which I mentioned couple of weeks back
Here is the link to Weekly Report with figures for 28 ASX U stocks how they are performing for the current week. All the best.
https://hotcopper.com.au/threads/age-weekly-report.6580138/page-3#post-69992367
PEN moved from 10.5 to 11 this week. It did not go below 10.5...
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