The problem with PEN is they issued a heap of shares at low prices and have done that a few times.
The report highlighted the effect that the heap of retail PEN SH were ignoring or didn't understand the linkage like you do.
Having been in (and out of) the stock when those share issues (wall papering the place) occurred, mainly trying to lower my average price, as did the PEN unethical "fan boys" who I maintain who took advantage of the less knowing by fostering the fallacy.
I posted in saying in shorthand that Fluffy was right - no doubt angering some.
I'm in both BOE and PEN and was surprised (but enjoyed) on previous the strength of PEN vi- a vis BOE.
Mostly I was angry at myself not buying more BOE and selling PEN. Still the whole call will come down to getting the U call right and I suspect there will be a further rights issue for PEN re - financing. That should earn me some more opprobrium.
Just trying to do the right thing and call it like I see it. You're right we're largely in agreement.
All IMVHO.
- Forums
- ASX - By Stock
- PEN
- Ann: Presentation - DFS Completed for Lance
Ann: Presentation - DFS Completed for Lance, page-69
-
- There are more pages in this discussion • 57 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
9.5¢ |
Change
0.001(0.53%) |
Mkt cap ! $301.1M |
Open | High | Low | Value | Volume |
9.1¢ | 9.6¢ | 9.1¢ | $909.1K | 9.662M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 328077 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 1010340 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 360718 | 0.094 |
13 | 286932 | 0.093 |
10 | 510427 | 0.092 |
9 | 560212 | 0.091 |
8 | 731778 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 1010340 | 26 |
0.096 | 1701055 | 10 |
0.097 | 1160785 | 9 |
0.098 | 592047 | 9 |
0.099 | 1920835 | 14 |
Last trade - 12.27pm 01/10/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online