My take is that PEN was being pushed back up by a large holder so they can offload all their stock at a higher price.
That being said, the volume is so high I dont know if this is true or if theyve just managed to sucker in other people into buying.
I wouldnt be going near PEN until the volume settles down. Otherwise who knows where its going to end up.
market being pumped and dumped, page-4
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.5¢ | 9.8¢ | $618.9K | 6.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 93865 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 8851512 | 56 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |