Take the point about dilution and ocs but I don't know where else you can get shares for rock bottom (2c) just before production at the same price as institutions. Taken as an investment opportunity on its own- the new shares look good to me.
Ann: PEN Secures $69.4m Fully Underwritten Institutional Funding, page-16
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Last
8.5¢ |
Change
-0.005(5.06%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 8.8¢ | 8.5¢ | $502.4K | 5.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 756685 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 308320 | 9 |
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| Last trade - 12.01pm 12/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |