PEN 1.15% 8.8¢ peninsula energy limited

dragonfly doji, page-16

  1. 1,126 Posts.
    I tend to agree that supply and demand are evening out. imo it is purely profit taking and anyone who is here for the long term will not be bothered by this.

    My view is that buyers are intimidated by the chart and are not prepared to invest at anything higher than 14.5c until the next announcement (permit?). In turn, the shareholders are taking advantage of profit taking whilst there is still demand for the perceived bargain of anything lower than 14.5. An announcement will be needed shortly to reassure the market and the SP will keep rising. In the mean time whilst we wait for an announcement, i cant see the SP going below 11.5c based on that being the last 'major' threshold.

    imho dyor
 
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Last
8.8¢
Change
0.001(1.15%)
Mkt cap ! $280.4M
Open High Low Value Volume
8.7¢ 8.8¢ 8.6¢ $343.6K 3.954M

Buyers (Bids)

No. Vol. Price($)
9 742055 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 8043 1
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Last trade - 16.10pm 13/08/2024 (20 minute delay) ?
PEN (ASX) Chart
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