pen: 10c
Mkt cap $206M
2B shares
pdn: $3.70
Mkt cap $2.8B
777m shares
ext: $7.80
Mkt cap $1.9B
250m shares
to imply that pen could one day have a similar share price as ext or pdr, lets split the middle and say $5.50, is to imply that the company would be valued at $10B+
even if we saw massive share consolidation, share holders wouldnt see the same returns as occured with ext/pdn unless the company reaches that valuation of $10B, and i think we can all agree that such a value is not in for foreseeable future for pen...
its basically misleading ramping...
and thats not even taking into account the recent japan disaster etc...
i like the pen story, but please keep things rational...
pen: 10cMkt cap $206M 2B sharespdn: $3.70Mkt cap $2.8B777m...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |