Also I forgot to add Mr ValueInvestor if the market assigns a probability of success to the low pH outcome and this probability correlates positively with the share price (logical correlation in my view), is it correct to conclude that a declining share price indicates a zero (or negative) probability of success? That is precisely what has happened since the low pH announcement.
Sorry VI, but your arguments, much like PEN's trunk lines, don't hold water.
I would be keen to know two things from you though. Your definition of "success" and the "probability of success" that you assign to your valuation algorithm.
Also I forgot to add Mr ValueInvestor if the market assigns a...
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Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.5¢ | $1.879M | 33.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230880 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 277792 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
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