I agree, and its most probably due to no JORC out yet. Untill PENs name goes on the world listings for having a JORC resource, then I guess it would be hard to get recognition.
Even though I,m concentrating more on the permitting side of things being more important, I still could imagine for instance something like a hedge fund wanting to take up a 5% stake in PEN would possibly need at a minimum an inferred resource out before they could commit.
Pre Uranium Bubble and GFC, things were probably alot more lax for these investment houses to jump into stocks without JORCs out then, but I'd say policies have tightened up considerably since then.
So I agree Saylor, L/T it is good.
NK
- Forums
- ASX - By Stock
- this could be happening to pen ?
I agree, and its most probably due to no JORC out yet. Untill...
-
- There are more pages in this discussion • 1 more message 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
(20min delay)
|
|||||
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($) | Vol. | No. |
---|---|---|
10.5¢ | 4002799 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 9477654 | 0.100 |
5 | 518876 | 0.099 |
11 | 432920 | 0.098 |
10 | 969089 | 0.097 |
10 | 2485372 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 3426021 | 27 |
0.110 | 1808729 | 19 |
0.115 | 3860126 | 24 |
0.120 | 7562667 | 62 |
0.125 | 2184440 | 23 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online