I share your sentiments about the positive Uranium backdrop but it appears the market is busy purchasing uranium stocks other than PEN. And we are located in the US and also coming into production sooner.
There seems to be something they don’t like, otherwise we would be trading in the 20s by now.
Is it management, small operation, unproven tech, size and quality of deposit or is it they believe the ceo has already forward sold some of our product for much less than current spot price. Take your pick??
Russian ban - Pen the Major Beneficiary, page-16
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $713.2K | 6.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 91 | 11502530 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2697860 | 27 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |