Vintage/ Dolphin,
Even if you incorporate an assumption of 'irrationality' like we experienced Pre-Fukushima, $700m does seem a bit high but I guess that's why its considered 'irrational'.
So yes, you are correct that anything can happen if the markets become 'irrational' but not many normally include an assumption of 'irrationality' in their financial models especially not in the current environment.
Also if you truly believe that uranium prices and hype do return to Pre-Fukushima levels, then realistically, there are other uranium companies that have a much larger resource that will then become feasible and as a result will have higher upside potential than PEN.
Hope for your sakes, you eventually get there. All the best.
- Forums
- ASX - By Stock
- PEN
- pen surging
pen surging , page-39
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
8.9¢ |
Change
0.008(9.88%) |
Mkt cap ! $283.6M |
Open | High | Low | Value | Volume |
9.2¢ | 9.3¢ | 8.8¢ | $1.366M | 15.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 185901 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 581740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 185901 | 0.089 |
7 | 250661 | 0.088 |
7 | 693418 | 0.087 |
5 | 959800 | 0.086 |
9 | 1826563 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 581740 | 2 |
0.091 | 83704 | 2 |
0.092 | 130001 | 2 |
0.093 | 78885 | 2 |
0.094 | 247374 | 4 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |