Although the rise in SP is nice, I am getting increasingly nervous about showing too much potential and lowering risk. Unfortunately, I have just been dooped by EQN with my holding in CGG and cannot get this fear out of my head concerning PEN (gun-shy).
There is a lot of talk about URZ and the premium they receive over PEN for uranium in the ground/expected production. At this stage it would be very easy for URZ to pay a comfortable price for PEN and walk away with a significant premium to their market cap over and above their investment in PEN.
I am just hoping we have significantly more loyal directors and ones who want to take the project through to production rather than sell out for a quick windfall.
attention gathering
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $552.8K | 5.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 10973792 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3927835 | 31 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |