It was important that 3.4c found support, it didn't. Now we need to find it at 3.1-2 which seems quite strong for now. I would like to think we should be valued above the 2's with the latest de-risking and turn of sentiment. If we get SML without too many legal dramas (I like to believe management have been proactive in this respect) then we should see the end of the 3's as we build into production with de-risking in place. We surely couldn't see <2.3c again could we?
Was the turn in sentiment a false start? Spot price meandering says its a possibility, but all the Smart money movements and position taking says to me even if it were a little early the interest is most definitely there, these people know what they are doing, bear markets cause bull markets and U will run long and hard at some undetermined time, maybe next week? Who knows.
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It was important that 3.4c found support, it didn't. Now we need...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $1.540M | 14.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4155665 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 4142147 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 3885665 | 0.105 |
82 | 8788185 | 0.100 |
7 | 578212 | 0.099 |
12 | 498440 | 0.098 |
9 | 1011093 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 4142147 | 42 |
0.115 | 5294866 | 31 |
0.120 | 5843705 | 56 |
0.125 | 2381470 | 20 |
0.130 | 2868909 | 18 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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PEN (ASX) Chart |