True. If TAs prove correct, it is certainly amazing.
What that proves is PEN is traded like any other stock.
Therefore, there is no need to worry about PEN SP going down or up. Of course any +ve news from the company would attract more investors getting close to mid / June 2010 when the initial JORC is supposed to happen.
I would expect drilling progress and results to slow down in the next couple of months due to winter weather in US.
Certainly the BUY / SELL side is out of balance, for now and BUY seems to be building up.
chart trend reversal observation, page-4
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Last
6.2¢ |
Change
-0.021(25.3%) |
Mkt cap ! $197.6M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 6.1¢ | $8.401M | 126.7M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2735758 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 494493 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |