PEN 1.01% 10.0¢ peninsula energy limited

PEN chart, page-300

  1. 28 Posts.
    lightbulb Created with Sketch. 3
    > PEN did a 40:1 consolidation, so $10B divided by 40 equals $250M market cap

    Ah that's what was meant by 'amalgamation' Got it, a 40:1 consolidation will do that to a shareholder. That's the info I was missing and makes me feel like a lucky chump showing up a year ago and buying at 12 cents.
 
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