I read a lot of posts on this forum justifying PEN's SP movements though I can't help noticing the similarities between the Uranium price chart and PEN's yearly chart.
Can it be that simple? As the price of uranium continues to fall so will PEN's SP? As the price of Uranium recovers then the SP recovers?
I know there are other factors like the upcoming announcements due though all the recent excellent announcements haven't seemed to affect the SP one bit.
It's a shame to see that the price of uranium has dropped another 3% in the last two days:( Hopefully it starts to recover soon!
Link to uranium chart: http://www.bloomberg.com/apps/quote?ticker=MFURMDUR:IND#
I read a lot of posts on this forum justifying PEN's SP...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $358.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $1.408M | 12.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2964336 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 6177404 | 52 |
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| Last trade - 15.40pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |