Thanks CEB2, interesting read the first one, about half my PEN holding is in a SMSF and I had not realised the potential tax benefits.
Doesn't change my view though - although there are a number of SMSFs amongst the top 20 holders, and it would perhaps be in some of our interests to have a buy back - I don't see it benefits PEN at the moment or for the foreseeable future, and is therefore unlikely.
However, PEN also has a habit of looking after it holders - I can't complain about the options offer, 1c a piece and went to 12.5c. Even today, they are nearly a six bagger.
Who knows what the future will bring, the pointers for PEN are in the right direction though I believe.
a new on-looker, page-20
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |