Frajoh, this is the wash, rinse, repeat that used to sting my wallet big time......that is until I started playing with it rather than against it.
There are large insto players manipulating the heck out of this stock. They want you to buy high and sell low - to them of course.
I'm of the opinion that for the next 8-10 months we'll see more of the same; perhaps not at the same price levels, but we will see it run up 20-30% on news, then run down again in the news gaps on bogus selling pressure and manipulation.
Don't let this unsettle you - it will turn again, and yet again.
when pen need to raise capital, page-15
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |