I think I can foresee where cash is coming from, PENOA conversions.
PENOA once unloved is about to become hot property IMO.
PEN VWAP 5.32 and rising
PEN trading at 5.5
PENOA 2.3 +3.0 conversion = 5.3
If PEN hits the next target of 7.5, where will PENOA be? Moreover, where will it be once the first director's target of 8c gets hit?
This is a great looking chart. MA's looking like heading into a very nice golden cross.
The directors are certainly doing all they can on a personal level. If Gus in particular converts his PENOA's then my thoughts above will seem almost prophetic lol...
I think I can foresee where cash is coming from, PENOA...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |