I do have sympathies phishpheet - it was a huge strategic turnaround and must have been discussed for some months. The jump in April was nonsensical, but traders took advantage. Quite obviously, PEN is being shorted by Cannacord and co. It's pretty sad but as always, the lesson is always, always, always, stay away from debt, unless the resource is high grade and very large. So many discard debt as being a problem that may be solved later on, but a day of reckoning will eventually come. By the way, I was also pretty sure sizeable dilution would by highly improbable.
They pulled the pin and it blew up in their face.
Lots of moola made from PEN n April/June for me, but I'm slowly giving it back atm.
I'll hang tough.
- Forums
- ASX - By Stock
- Top 20 shareholding
I do have sympathies phishpheet - it was a huge strategic...
-
- There are more pages in this discussion • 54 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
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $222.3M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $327.7K | 3.198M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 5337843 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 2422860 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
69 | 5337843 | 0.100 |
3 | 120101 | 0.099 |
6 | 645353 | 0.098 |
6 | 435499 | 0.097 |
8 | 968666 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 2422860 | 20 |
0.110 | 4120059 | 32 |
0.115 | 2618666 | 21 |
0.120 | 4721275 | 31 |
0.125 | 3847260 | 20 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
10.0¢ |
  |
Change
0.005 ( 4.03 %) |
|||
Open | High | Low | Volume | ||
10.3¢ | 10.3¢ | 10.0¢ | 1732565 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
PEN (ASX) Chart |