With such strong 'buy' support in queue from 7's up to 11's, I was marginally surprised to see so many selling their holdings from 9.8/10/10.5. .... and marginally confusted why so many are wanting out now at 11, with 15 odd mill. buy orders already tracked up to 10/10.5.
If a few sellers can hold their nerve and have a bit of faith, then the wall will be removed and the SP will get up to 15-17 before too long. IMO only.
Who knows though, perhaps I am wrong. ... but that volume should be telling people something.
400mil and 200mil, ... serioulsly big money taking a position.
as was mentioned, ... the most recent announcements havent even been factored yet.
pen is going back up to where it belongs, page-6
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Last
9.6¢ |
Change
-0.003(3.03%) |
Mkt cap ! $305.9M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.3¢ | 9.5¢ | $947.4K | 9.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 172421 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 454006 | 6 |
View Market Depth
| Last trade - 13.46pm 08/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |