PEN 4.40% 8.7¢ peninsula energy limited

increase in foreign ownership, page-20

  1. 164 Posts.
    Not to dampen the party, but lets not get too excited just yet. 97% of shares are still held within Aussie, and by many small holders.

    Once we start to receive substantial shareholder notices then we can start to speculate, but until then we must remember how the top 20 currently is compiled...and that is off many many small holders.

    What this does mean however is that if and when some big player does want to get in, they will have to purchase from a lot of smaller (1-3%) holders etc and I'm sure they wont be willing to let go of there shares cheaply.
 
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