PEN peninsula energy limited
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Ann: A$60M Equity Raise to Fund Restart of Production at Lance, page-114

  1. Hussy
    2,083 Posts.
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    08/12/23
    10:41
    Post #: 71343094
    PEN management should take a leaf out of BOE's and EL8's book on how to structure a capital raise
    However, it does reiterate the view that institutions see PEN as still having a lot to prove following many years of dismal decisions ... hence the overly excessive discount to entice investors
    PEN Price at posting: 10.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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