It is a big slug that ain’t going anywhere. It should be trading closer to 20c but here we are.
Too many shares to churn through.
Come back in last quarter this year and we may have reached 14c.
It is a very poor performer considering all the roadshows and presentations in which the CEo is informing the market that we are funded to next year and that we will be producing at end of this year. But the market is not listening. Why? Why?
Your best not having any high hopes for a quick re-rate. This is bottom of draw stock. Come back end of year.
I hope I am proven wrong but I doubt it. Many will convert options at 10c. Some to stay long and others to snag a profit. This will hinder our upward progress as well.
Ripe to launch, page-3
-
- There are more pages in this discussion • 184 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $326.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $124.0K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 9376013 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 6001533 | 35 |
View Market Depth
| Last trade - 10.54am 03/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |