Normal
Neither, I just noticed it in results of a scan. I made the comment here about AGE because I find it difficult to see any logic in persisting with PEN when there are opportunities elsewhere to make a profit instead of watching this one perform so miserably.To put it into context, it is highly unlikely that PEN is going to do anything soon, if ever, that will increase its market cap by $10million. So looking at a $10 mil market cap increase, that will lead to a share price increase of 15% where the same MC increase will raise the AGE price by 65%. Hence my comment about AGE here, it (or many other companies) doesn't need to find much to perform better than PEN in share price.CheersCountry Lad
Neither, I just noticed it in results of a scan. I made the comment here about AGE because I find it difficult to see any logic in persisting with PEN when there are opportunities elsewhere to make a profit instead of watching this one perform so miserably.
To put it into context, it is highly unlikely that PEN is going to do anything soon, if ever, that will increase its market cap by $10million.
So looking at a $10 mil market cap increase, that will lead to a share price increase of 15% where the same MC increase will raise the AGE price by 65%. Hence my comment about AGE here, it (or many other companies) doesn't need to find much to perform better than PEN in share price.
Cheers
Country Lad
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
