You know that limb i was out on and the flames i was talking about , well the branch just broke and the flames are hot. :(
I have just ran the numbers again and today's re rating price would be @ 7c (pen should be trading min around this figure now)but today's fair value price should be at least 18c .if all goes per plan with no blue sky then pen at production producing 1.5m lbs would be 40 to 50c as they stand today. I made a mistake in the shares on issue calc and after reading DT post i re ran the numbers.
So today pen is worth somewhere between 7 and 18c depending on market sentiment.
Don't be to hard on me as I've got feelings. :b
Stormboy1
ps Don't base your investment decisions on the above just because i have DYOR
fair value., page-11
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Last
8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $254.9M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.4¢ | 8.0¢ | $2.227M | 27.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1345233 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 438252 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |