Not sure what anyone else thinks. However after the last few months selloff in the market and the huge drop in resource stocks again today I thought PEN held well once again.
One positive out of today is that the market displayed signs of (mini) capitulation after the prolonged downturn.
Is this the bottom? Who knows, I certainly don't. If the market doesn't hold at this level then we would have to expect another run on margin calls, if that hasn't already occurred.
One thing I did notice today is the selling generally in the market was huge early on and then slowed considerably. I would like to view this as a glimmer that this is nearing an end.
All spec stocks completely unloved today though, with PEN only having a very slight fall on low volume.
A bumpy ride to the top along the yellow(cake) brick road.
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Last
9.9¢ |
Change
0.001(1.02%) |
Mkt cap ! $312.3M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.6¢ | $970.6K | 9.856M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 287912 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 151492 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 287912 | 0.098 |
11 | 816253 | 0.097 |
12 | 1276552 | 0.096 |
14 | 788775 | 0.095 |
6 | 2934339 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 151492 | 5 |
0.100 | 1946835 | 17 |
0.105 | 9118223 | 52 |
0.110 | 4066413 | 43 |
0.115 | 3752946 | 26 |
Last trade - 12.47pm 14/10/2024 (20 minute delay) ? |
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PEN (ASX) Chart |