PEN 4.55% 11.5¢ peninsula energy limited

trading halt ... capital raising ..., page-24

  1. 1,415 Posts.
    Not so fast - July 6+7 2009, low price of 2.6c. Capital raising was 2.8c.

    As I said about that time last year, CR's almost always go below the issue price.

    The very day PEN reopened after the CR announcement last year the price ended about 10% lower, dropping as much as 30% and then headed lower.

    Let's pray its not going to fall on us share holders again...
    Or they pull out some uber ann's at the same time.
 
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