PEN is now the sixth most shorted stock on the ASX at 9.83%. After further thought and review the only logic for the continued increase in the short position IMO is there will be a dump on issue of the SPP. I do agree the U price is driving positive sentiment however, these mugs will want cash back.. For clarity I am taking up the SPP..
PEN Short Squeeze, page-43
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Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $3.206M | 31.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1528374 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4178608 | 36 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
0.004 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 9.8¢ | 7866421 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| PEN (ASX) Chart |