"cap raising was only positive because it gave them cash"
Well what do you think made the sp rise? No CR, No cash.
The CR was the positive catalyst that is moving PEN along nicely.
A I said your limited perspective is that of a short term trader. Fundamentally and technically the CR PROVED to be a positive move by management.
You are seriously dreaming about 3c didier
trading halt ... capital raising ..., page-33
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