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1.88%

8.2¢ peninsula energy limited

Don't forget to look at the revenue side - PEN has a relatively...

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bobboon

43 Posts.

4

31/08/21

20:07

Post #: 55727117
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Originally posted by tutes: ↑

great informative post mate, thank you for providing a realistic perspective

all holders here understand the risk (regarding low pH chemistry)

but certain posters keep talking about PEN underperforming other stocks all the time... ok, it's actually true, i don't disagree with THE PAST

but going forward, what they don't mention is the $350M that will need to be raised by the uranium explorers/developers (with zero revenue) before they make a single dollar.

Now, I wonder how their share prices will perform with that much dilution (and probably a share consolidation) ahead of them

which companies will have least dilution going forward?

- zero revenue company that requires $350M capex?
or
- company with zero debt, $8M - $10M revenue every year, and revenue until 2030?

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Don't forget to look at the revenue side - PEN has a relatively smaller resource in comparison and lower leverage to SPOT price increases

PEN Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.2¢		Change 0.002(1.88%)		Mkt cap ! $258.1M

Open	High	Low	Value	Volume
8.0¢	8.2¢	8.0¢	$597.5K	7.381M

Buyers (Bids)

No.	Vol.	Price($)
2	81863	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	343480	2

View Market Depth

No.	Vol.	Price($)
7	419736	0.081
7	756704	0.080
5	90501	0.079
17	414734	0.078
6	146759	0.077

Price($)	Vol.	No.
0.082	413535	12
0.083	218406	9
0.084	142265	5
0.085	567291	9
0.086	516795	4

Last trade - 15.59pm 18/09/2024 (20 minute delay)

PEN (ASX) Chart