PEN peninsula energy limited
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Ann: Successful Completion of A$32m Placement to Restart Lance, page-3

  1. fluffynymph
    56,871 Posts.
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    25/11/22
    10:22
    Post #: 64982670
    In 2015, they had a 40:1 consolidation and raised $70m to aim to become cash flow positive.

    Been a disaster story.

    Thanks heaven Gus locked in a contract or two.

    He earnt his vast sums due to that decision IMO.

    Trade well and I've added it to my 2023 watchlist.
    PEN Price at posting: 13.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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