Dhuy,
Have you been hopping into the champers this morning. Can you have another look at your figures
"Speculative I know but bare with me for a moment. Consider the possibility that PEN is at around 15c by then, not unrealistic considering Pen will be near construction stage. This is an approximate market cap of $130M...."
SP 15c X 1.4B shares = 210M Mkt Cap.
"Consolidation at 1:10 would convert this to a mere 107M shares on issue and the mkt cap would be ~$255M and the shares now at $1.50."
1.7Bn / 10 = 170M
Can you clarify for me, I might have missed something yesterday
potential cash injection of $27.7 million, page-5
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 (20min delay)
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $1.540M | 14.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4155665 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 4142147 | 42 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |