Good point alluded to Trees, what is PALA thinking? Clearly they are unlikely to have exited as we would have seen this by now.
If I can observe that, with 200million PEN shares traded yesterday and nearly 80million today, you are looking at a huge divestment from the speculators (and the weak willed for mine), but still we see high 7c as the price. Sure, it has migrated back from 12c last week but I would have thought that if there was a real lack of confidence, the price would be back at 2c with no buyers - but it isn't. It is stil at the price it was around Christmas time, just three months ago.
There is a reason for that - confidence, exhibited by the fact that someone (or two) has bought 280million shares is the past 24 hours. I don't see anything to worry about.
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Last
7.4¢ |
Change
-0.006(7.50%) |
Mkt cap ! $235.8M |
Open | High | Low | Value | Volume |
7.7¢ | 7.7¢ | 7.3¢ | $1.691M | 22.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 2127304 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 969 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 23838 | 0.081 |
2 | 109287 | 0.079 |
1 | 5 | 0.077 |
5 | 372333 | 0.075 |
8 | 345540 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 8540 | 1 |
0.074 | 969 | 1 |
0.076 | 53836 | 3 |
0.077 | 310001 | 3 |
0.078 | 128003 | 3 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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