Maybe Pala will want it's pie & eat it too.
Getting all permits, finance etc & they already hold 20% (at an estimate of 4 to 5c)
Good place to have a man on the board to keep a finger on the pulse (just before pulling the trigger ;).
At least your not waiting on ASX announcements to know the true position ;)
All performance shares will vest irrespective of takeover price...Hmmm...
Pala, the current white knight may become the white
..........err......dragon & Gus & the boys rewarded for their loyalty as they (pala & Gus et al are the poison pill for an outside run at PEN if a hostile takeover is attempted.
There is no doubt ther are rulers measuring up PEN, in this current opportunistic climate.
De risk it some more & they will come.
Right product, right time.
Lead time to start from scratch is onerous, as we long termers can all attest to.
(FWIW - I would take 15c in a heat beat on move on whilst I still have grey hair on my head)..
Which would be a pity as based on my spreadsheets with Lance & KAroo on line & a rising U price that would be great buying for whoever swallows PEN.
Once again moved too soon to buy..Hopefully we are bottoming out.
Just sitting & watching now ;(
M
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Last
8.6¢ |
Change
-0.008(8.51%) |
Mkt cap ! $280.4M |
Open | High | Low | Value | Volume |
9.1¢ | 9.1¢ | 8.5¢ | $1.029M | 11.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 452665 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 29110 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 217966 | 0.086 |
10 | 1490861 | 0.085 |
7 | 292455 | 0.084 |
2 | 450000 | 0.083 |
2 | 69439 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 105084 | 13 |
0.088 | 55239 | 9 |
0.089 | 28626 | 2 |
0.090 | 30001 | 1 |
0.091 | 31250 | 1 |
Last trade - 11.15am 05/08/2024 (20 minute delay) ? |
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PEN (ASX) Chart |