PEN 8.70% 10.5¢ peninsula energy limited

Very good BRR

  1. 1,418 Posts.
    lightbulb Created with Sketch. 68
    I haven't heard Gus so upbeat in a long while......last BRR looked like a deer in the headlights!

    All the info to be found in the printed announcement except one very important piece from 4:50 on.
    The current state of play with PALA has been a big concern of mine - they have the means to blockade any SP rises when funding solutions are announced, and continue to play the delinquent citizen.

    However, ".....tremendous support at the equity level from our biggest shareholders and obviously we're working toward a speedy resolution on that front....but a dramatic improvement in the current situation."

    Make of that what you will, but for me it's clear that PALA are either changing their strategy to be a supporter going ahead, or alternatively an amicable arrangement is/has been struck to see their exit.

    I expect an interesting run up to the AGM; I'll be buying (even more).
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.010(8.70%)
Mkt cap ! $358.3M
Open High Low Value Volume
11.5¢ 11.5¢ 10.5¢ $495.0K 4.542M

Buyers (Bids)

No. Vol. Price($)
37 5607264 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 707661 13
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.