What a great Uranium mining boom can do.
If anyone can remember Extract (EXT) in Namibia where the SP hung around 8 to 13c from memory, did a 10:1
consolidation and my 700k shares became 70k.
RIO bought in about $1.00(10c pre) and yes i got fed up and sold them for about $1.10 and these went on to be
$10.00......WOW did i sell too early and obviously i have not forgotten
We all have those stories,..... PENINSULA MINERALS was once $7.00, well not really.... it did reach a high i think of
17.5 cents before the Japanese(cannot recall the cities name) disaster and with our 40:1 consolidation some time
back, that was the equivalent of $7.00.
If anybody knew the MC then to now, it would be a good comparison.....i am sure we have at least quadrupuled
our MC with the issue of new shares overtime, so i am not sure how to calculate what potential we could have now
to then when a boom was in play.....but 30/40/50c is most achievable surely and it could happen in 2021.
PEN gets a mention in Far East Capital News !, page-5
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Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.3¢ | 9.1¢ | $478.7K | 5.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 384530 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |