Guys - why put posters on ignore . They are very valuable contributors to a debate. ML - you were one of the posters who highlighted the negatives of BTA - because of you and some of my own concerns about management I sold when it spiked in the US to mid 5s to 6. Not only mine but my business partners -I not only made a profit but avoided what would now have been a 250k loss if I was still holding . Similarly a poster named “corporate” provided me with some insight into Try when it was over 3 dollars , I thought about it and thought he may be right - sold a couple of days after at break even a another loss avoided as it now trades at 9c . The same with NMS , a poster questioned the underwater drilling technology , saying it had problems. everyone attacked him , I too was at times annoyed, I called an; questioned the MD , he minced his words - I sold - a year later they had fallen 90% . My point is I think I do my research , but sometimes we miss things or don’t understand the risks . I think You30s post have been good and the hedging of Uranium sales is only beneficial if you can operate at a production level and cost that creates a solid margin after all costs including corporate costs are accounted for. If you30 is wrong - the stock will do well and his views should not concern you - if he is bothersome you must ask yourself why . I have been the recipient of the benefits on listening to the negative poster on a forum, and at times I have helped others avoid big losses by being that negative poster myself . People who have the same opinion as you ultimately don’t add that much value over the long term . I can’t say I am across PEN in detail to add a lot of value but at a glance production issues has resulted in significant cash burn and dilution is a killer of companies more than many realise as they dilute the value of every single production / development and exploration assset a company holds. The questions are will PEN need more money before they operate profitably and if so how much and when . Needing funds when SP is low can be very destructive
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Last
$1.08 |
Change
-0.015(1.37%) |
Mkt cap ! $274.0M |
Open | High | Low | Value | Volume |
$1.09 | $1.12 | $1.08 | $237.1K | 216.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18320 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 4076 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 229333 | 0.300 |
1 | 40000 | 0.295 |
3 | 38000 | 0.290 |
1 | 27500 | 0.280 |
3 | 229917 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 26353 | 3 |
0.320 | 57453 | 5 |
0.325 | 63915 | 4 |
0.330 | 81655 | 5 |
0.335 | 22000 | 2 |
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