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"Investment recommendation
Since our Investment Alert report last month, which referred to high-grade drill results continuing at Lance Projects, the share price of Peninsula increased by 67% from A$ 0.03 to A$ 0.05.
However, based on the Company joining the next generation of uranium producers, with first production of the Lance Projects. targeted for 2013, considering the big gap in valuation with existing producers, and in addition the Karoo projects in South Africa offering a potentially strong added production value, in our view, at a current market capitalization of A$ 128 million, including a cash position of A$ 20 million as at June 30, 2012, Peninsula remains substantially undervalued."
broker reaserch, page-2
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $1.256M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1319659 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3294808 | 27 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |