PEN 4.55% 11.5¢ peninsula energy limited

When Reality Hits, page-64

  1. 396 Posts.
    lightbulb Created with Sketch. 1
    Yes, and the weighted average for the 20-days prior to 31st March must have been 19.4 cents ($17M @ 10% interest / 4 quarters = $425,000 interest which got 2,190,647 shares which is a bit over double the number would have got at 40c.

    I've learnt over the years to follow the money trail ... and this is where the money is. The only takeover of PEN is happening by stealth from the CN holders; the price will rise when they want it to ... and that may be after 22 April 2020. Or, if it suits them to disclose it on their books, they can run it up to 80c and show their carrying value at less than half that, and continue to take interest payments in shares at 40c. Winner, winner, chicken dinner either way
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $366.2M
Open High Low Value Volume
10.5¢ 11.5¢ 10.0¢ $3.735M 32.91M

Buyers (Bids)

No. Vol. Price($)
1 1600000 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 6110118 73
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.