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
9.7¢ |
Change
-0.002(2.02%) |
Mkt cap ! $309.1M |
Open | High | Low | Value | Volume |
9.8¢ | 10.3¢ | 9.5¢ | $1.301M | 13.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 49997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.096 |
3 | 864524 | 0.095 |
4 | 177042 | 0.094 |
6 | 506789 | 0.093 |
7 | 946301 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 49997 | 1 |
0.098 | 300000 | 1 |
0.099 | 330001 | 3 |
0.100 | 577627 | 8 |
0.105 | 9153880 | 50 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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