PEN is not exactly a penny dreadful.
It is a stock that has:
1. JORC resource.
2. $50m or so credit facility.
3. Just raised $10m or so.
4. Low capex & low opex.
It is a company that his ticked all of the right boxes heading for cash flow.
Have you charted BHP & RIO recently?
They are certainly not penny dreadfuls yet their share price has fallen more than PENs.
If PEN proceeds to plan, shareholders will profit 200% to 400% over the next 2 years.
This return will not be received on RIO or BHP.
- Forums
- ASX - By Stock
- PEN
- long term chart
long term chart, page-105
-
- There are more pages in this discussion • 346 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add PEN (ASX) to my watchlist
|
|||||
Last
9.4¢ |
Change
-0.006(6.00%) |
Mkt cap ! $299.5M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.0¢ | $3.839M | 40.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2740 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 315192 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2740 | 0.093 |
3 | 309576 | 0.092 |
11 | 439501 | 0.091 |
44 | 2687660 | 0.090 |
8 | 368451 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 315192 | 2 |
0.095 | 1030020 | 2 |
0.096 | 50001 | 2 |
0.097 | 297682 | 2 |
0.098 | 149100 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
PEN (ASX) Chart |