Phish, you have been for some years cautious/ sceptical of PEN management and the commercial efficacy of the host formations containing the uranium....and correctly so. I can't tell you how disappointed I am in Managements ability to find defeat in the jaws of victory. I have made it clear to Wayne/Pen that its all very well highlighting 200 years of technical skills at PEN, but my observation is that SO WHAT ..when in my opinion there isn't a modicum of business smarts to speak of.
We are in a running bull market for uranium, so even Pen will rise... and with a bit of luck there will be a bid for the company (hopefully at much higher levels)
I'm watching this out of the money contract book and the BS that its been sorted/ deliveries delayed on mutually agreed terms. I see our inventory has been monitised (line in asx release) in most recent interview I note a comment that. our inventory has been delivered against 2023 contract commitments. What it probably means is that our Inventory has satisfied a contracted price well below market ..I've asked Pen to comment on this but no response ...can you shed any light on what the position is on Inventory?
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Last
8.4¢ |
Change
0.006(7.69%) |
Mkt cap ! $269.2M |
Open | High | Low | Value | Volume |
8.3¢ | 8.6¢ | 8.2¢ | $1.524M | 18.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 302820 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 500000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 302820 | 0.084 |
2 | 60000 | 0.083 |
2 | 42201 | 0.082 |
4 | 134530 | 0.081 |
4 | 253001 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 500000 | 2 |
0.086 | 432923 | 6 |
0.087 | 1037481 | 5 |
0.088 | 44500 | 2 |
0.089 | 123363 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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PEN (ASX) Chart |