I think this is a good tactical move. Do the capital raise to start production again in about 6 months and with runs on the board show the US goverment that the company can be a reliable uranium producer worthy of government contracts.
The lead in time to get into production does not happen overnight and hopefully the timing is right to take advantage of growing positive sentiment for uranium.
Energy scarcity is already at critical levels and eventually governments will have to accept that uranium must be utilised for a carbon free energy future.
Just my two cents. DYOR.
- Forums
- ASX - By Stock
- Ann: Trading Halt
I think this is a good tactical move. Do the capital raise to...
-
-
- There are more pages in this discussion • 7 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
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.4M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $355.7K | 3.495M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
83 | 8300373 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 2972848 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
82 | 8324340 | 0.100 |
7 | 554883 | 0.099 |
9 | 641020 | 0.098 |
11 | 888357 | 0.097 |
16 | 2573282 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 2995197 | 48 |
0.110 | 2432161 | 28 |
0.115 | 4025781 | 27 |
0.120 | 7529407 | 73 |
0.125 | 1731065 | 21 |
Last trade - 12.26pm 26/06/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |