re: Ann: Placement at Premium - Cornerstone I... Whilst disappointed that he placement was not done AFTER at least some of the imminent news it will put a solid base under the share price at 7.5c.
As others have said, PEN was trading sub 7c only a week ago....
The extra options and the claim that the placement is at 5c (or whatever because opf the options) - bollocks.
1. 7.5 now becomes a line i the sand.
2. The market - instos, large funds, big dollar investors - now know therte are no more juicy placements in the wind - they want a position in PEN - they buy it - ON MARKET.
3. iT'S A GOOD DEAL FOLKS - even if the instos get some extra ceram - that is they way the game works - like it or lump it.
- Forums
- ASX - By Stock
- PEN
- Ann: Placement at Premium - Cornerstone Investor
Ann: Placement at Premium - Cornerstone Investor , page-44
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.4M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $944.1K | 9.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
66 | 5981759 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 4958257 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 5920059 | 0.100 |
6 | 712626 | 0.099 |
13 | 577940 | 0.098 |
10 | 912388 | 0.097 |
13 | 2690591 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 4958257 | 33 |
0.110 | 2591533 | 30 |
0.115 | 4302236 | 24 |
0.120 | 6904714 | 57 |
0.125 | 2128840 | 21 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |