>> and god knows why people are dumping under 6 cents following the ann.<<
Many would take into account the dilution this announcement brings along with added shares being issued down the track.
Also the PEN partner with the money bag, YA Global Investments (formerly known as Cornell Capital), has a track record and a reputation.
Keep the balance guys and put those rose tinted glass away for a moment..
pen secures a a$50m equity line facility ..., page-46
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |