Today was the first day I saw consistent selling into the 2.1 bids, whereas they've bounced back up to 2.2c relatively quickly - I think mickqld is right, present sentiments given the news now.
It sure is taking some resolve to hold the line, but that my friends is what is required. I have little doubt that in another 2yrs from now PEN will be emerging in a big way and our investments will have created great returns.
For the traders there will be enough to retain interest around Feb/Mar/Apr 2014 is my belief, and then again around the end of 2014 as production becomes a reality.
For the long termers the end of 2014 heralds the true realisation of investment dreams.
Whilst nothing is a sure thing, PEN is now poised in a position where less than 1 in 5,000 explorers ever reach, the transition to producer.
We now have a clear pathway identified to achieve that.
Final licensing in the wings.
Multiple funding options - final arrangements still unknown (this is a major derisking element now given present environment).
A team of people with specific expertise in ISR production.
There are very few puzzle pieces outstanding in my view.
A little patience now and the rewards will come.
- Forums
- ASX - By Stock
- PEN
- the wall
the wall, page-9
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
7.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $242.2M |
Open | High | Low | Value | Volume |
7.0¢ | 7.7¢ | 7.0¢ | $1.133M | 15.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 90000 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.074 |
2 | 100000 | 0.073 |
6 | 259272 | 0.072 |
12 | 1113234 | 0.071 |
15 | 1255214 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 50000 | 1 |
0.078 | 90501 | 5 |
0.079 | 24936 | 1 |
0.082 | 30001 | 1 |
0.084 | 20658 | 2 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |