It's a pity this particular bull took so long to realise his analysis was wrong. I give him credit for being honest, if not a bit wishy washy. The fundamentals for PEN are still dire, but there's a great trading opportunity here.
@phishpheet may not understand the technicalities, but his concern about gypsum precipitation within the injection wells is valid. All to do with calcium. I've highlighted this on numerous occasions. Not enough work has been done to map calcium in the resource. This is a big issue, that requires resolution. Soon.
Top 20 shareholding, page-68
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $233.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.395M | 12.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2065396 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1951109 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 1.37 %) |
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| Open | High | Low | Volume | ||
| 11.8¢ | 12.0¢ | 11.3¢ | 3267295 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| PEN (ASX) Chart |