PEN peninsula energy limited
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Ann: Consolidation/Split - PEN, page-71

  1. poppypop
    1,972 Posts.
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    24/10/24
    11:57
    Post #: 76279545
    Consolidation is always followed by another capital raising in my 16 years trading on the asx. The excuse is to attract more investors but that is just an excuse to raise more capital. This is why I love PEN as a trading stock. As soon as it opens at the new 20:1 price it will plummet in value.
    PEN Price at posting: 9.7¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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