Thats akin to saying it will settle at around 2c pre-cons. I...

Thats akin to saying it will settle at around 2c pre-cons. I can't see how USA peer market cap activity applies to PEN on MC comparison alone. There are two many PEN-specific sentiment catalysts in my view. The current and pre-consol SP has had a long exposure to supressed spot-price, and has still settled at its current level in that environment, and the consolidation was no surprise either.

The US listing is another baby altogether.

The market needs to digest the new metrics as far as post-consol thinking is concerned. Bit early yet to gauge whether the 40/1 alone will have any effect at all. Circa 60,000 shares traded today is about 2.4 million pre-consol. About average daily consumption.