PEN 1.14% 8.7¢ peninsula energy limited

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  1. 3,306 Posts.
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    preempt, we know you hold a large amount of PENOCs, as well as Gav.

    i wonder if PENOCs get an extension, whether you and Gav will sell your heads to fund the conversion?

    i remember when preempt sold the heads, the share price dropped quite a bit (down to around 1.7 cents). i didn't mind as it allowed me to buy more at that price.

    just wondering if this time, something similar is going to happen if the PENOCs get extended as you are requesting.

    P.S. preempt and Gav, I'm not targeting any of you (I'm sure you're great guys), and you are not obliged to reply at all, I'm just doing some thinking aloud

    P.P.S. My personal view is that if the PENOCs get extended, that would be highly unfair to those who have now sold their PENOCs based on the 31st December time line. If Gus was to extend it, he should have done so already many months ago, if he really wanted to be fair to as many PENOC holders as possible
    Last edited by tutes: 21/12/15
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