yeah this is the big one… I expect delays, their already three months behind there initial target but the real concern is… are the delays because starting production isnt showing the yield expected? Any initial results that indicate they haven’t resolved this one is going to hammer the stock… but likewise if they were roughly on track to commercial production and yield was going well they would have first indications by now and insider knowledge would see upwards pressure on share price… which to be honest is what I thought we might have been seeing last week when PEN seemed to be outperforming its peer group on the upside - certainly in regards to volume. This is the first time in two years its overtaken LOT on price and traded within such a delta. Mind you LOT has a CR hanging over it. Anyways interesting. Full disclosure PEN is my highest conviction holding in the U space and I believe has the highest risk/reward ratio. This may seem like a negative post but merely trying to keep myself grounded and be critical of my position.
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yeah this is the big one… I expect delays, their already three...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.2M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.0¢ | $3.735M | 32.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1600000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 6110118 | 73 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.105 |
63 | 5024611 | 0.100 |
5 | 716050 | 0.099 |
9 | 985799 | 0.098 |
7 | 677292 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 5653844 | 66 |
0.125 | 1397983 | 19 |
0.130 | 1521701 | 19 |
0.135 | 2617658 | 14 |
0.140 | 1803451 | 14 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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