PEN is now the 13th most shorted stock on the ASX @7.53% or approximately 95 million shares. IMO it will take some very good news to shift that position. With the share price @ 10 cents and the SPP at 7.5 cents the shorters are having a field day. The dilution is significant and a combination of raise and debt funding would have been a better outcome
for shareholders. Having said this once in production and revenue generating things may trend upwards nicely. If the bull market continues. GLTAH
New processing plant, page-33
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $343.9K | 3.411M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 82 | 9087780 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3667814 | 22 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |