hey guys - I know this isn't really PEN related though I've seen P&Ds played out on PEN in the past and just recently on CCC.
If I was in the green for both PEN and CCC I would have traded these PnDs as they seemed pretty obvious.
My question is, does anyone know what margins brokers try to achieve with these PnDs? I guess they will try and get it to run as much as they can though from my observations it seems they try to pump it to anywhere between 20-30% before they begin the sell off.
I thought I would ask so when I do get a chance to trade a PnD I'll know where to set my sell target;)
cheers
Wayne
hey guys - I know this isn't really PEN related though I've seen...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |