PEN 8.70% 10.5¢ peninsula energy limited

Ann: Change in substantial holding, page-17

  1. 3,400 Posts.
    Yes agree Vintage- however by then they will have many more forward contracts and potentially a higher contract sell price if we all believe the way the U sector will go - otherwise the whole thing is purely hype and specilation- also begs the question why did we get get 69 million to get to production if these guys saw no value or return on their initial investment??

    They would have consolidated within 12 months is my guess - make the offer more attractive and then the shares will be tightly held by top 10 significant shareholders and the rest of the mob will come along for the ride.

    Either they are lining themselves and us up for a takeover or they see more value than us shareholders due to current suppressed share price- guess all we have is time to ponder as we make no difference as minority shareholders. Blackrock, PALA and the like are ruthless so we can think what we like . The current Share market is unworkable these days due to lack of solid investment


    Cheers Schu
    Last edited by Schumacher: 18/12/14
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.010(8.70%)
Mkt cap ! $334.4M
Open High Low Value Volume
11.5¢ 11.5¢ 10.5¢ $495.0K 4.542M

Buyers (Bids)

No. Vol. Price($)
36 5558849 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 320251 11
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.