Australia's largest stock trading and investment forum Australia's #1 stock forum

PEN

Click for more information

6.25%

11.3¢ peninsula energy limited

I agree about tbe volatility in the spot market. The illiquidity...

First 7 Last

Share
Profile

Follow
Rodderz

395 Posts.

18/03/24

13:56

Post #: 72941337
Share

Originally posted by Tomaszabc ↑

Mike Alkin said that there are few (less than 10) SPOT traders. He is one of them. So price manipulation is not difficult. Some said it is due to Putin's atomic threat. I say, this is volatile correction. Just uranium market. Nobody expected this.

Now sprott is on -6% discount. This include last price drop. For me, if you believe in U-story. This is opportunity to buy some physical.
Overall market is due to correction because of AI mania. I'm not sure what uranium funds will behave then.
Looking at charts, yesterday U.U was bought at heavy volume at end of a session.

Expand

I agree about tbe volatility in the spot market. The illiquidity is another factor driving the whipsaw moves.

PEN Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 7 Last

Add PEN (ASX) to my watchlist

(20min delay)
Last 11.3¢		Change -0.008(6.25%)		Mkt cap ! $243.8M

Open	High	Low	Value	Volume
11.5¢	12.3¢	11.0¢	$1.896M	16.35M

Buyers (Bids)

No.	Vol.	Price($)
3	279902	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	149583	1

View Market Depth

No.	Vol.	Price($)
3	279902	0.140
1	119548	0.125
6	432238	0.120
1	3380	0.115
46	4868620	0.110

Price($)	Vol.	No.
0.115	4586498	12
0.120	2453864	16
0.125	3224035	23
0.130	2897486	24
0.135	2164794	11

Last trade - 15.59pm 21/05/2024 (20 minute delay)


Last 11.3¢			Change -0.008 ( 6.02 %)
Open	High		Low	Volume
11.8¢	12.0¢		11.0¢	6596617
Last updated 15.59pm 21/05/2024 ?

PEN (ASX) Chart

SPONSORED BY