PEN 4.55% 11.5¢ peninsula energy limited

gap closed please proceed!!, page-4

  1. 1,304 Posts.
    Its back at 5c because day traders and those of us who got in circa 3c and lower, cannot ignore this opportunity to take profits. Who can blame them. Once the gap is filled, on we go. As for registry consolidation. I emailed GS about this ages ago but never got a reply. In my view we are at unwieldy levels right now. Once funding is completely sorted, we may see a book build take place to reduce share numbers and to make further placements more palettable to SH if necessary.

    Digressing for a minute, to be fair, GS always stated they would seek debt funding before another CR and the bond arrangement seems a perfect instrument to do it. Plus, better a stakeholder stump up the readies than an equity-hungry fund manager.
 
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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
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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