Zubana, one of the reasons the PEN price is where it is now is due to PALA selling (along with U price, etc).
PALA still have more to offload. Wouldn't then the share price more likely decrease from here? (until PALA are gone completely)
I'm assuming no one supportive comes along and takes their stake. I'm also assuming U price isn't going to improve any time soon.
Yes, off-take agreements and other announcements will help the share price but who knows when they will come? We know it's a tough environment at the moment and have been waiting ever since the SML was issued, with still no news.
Zubana, one of the reasons the PEN price is where it is now is...
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Last
6.2¢ |
Change
-0.021(25.3%) |
Mkt cap ! $197.6M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 6.1¢ | $8.401M | 126.7M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2735758 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 494493 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |