Ann: Placement at Premium - Cornerstone Investor , page-44

re: Ann: Placement at Premium - Cornerstone I... Whilst disappointed that he placement was not done AFTER at least some of the imminent news it will put a solid base under the share price at 7.5c.

As others have said, PEN was trading sub 7c only a week ago....

The extra options and the claim that the placement is at 5c (or whatever because opf the options) - bollocks.

1. 7.5 now becomes a line i the sand.
2. The market - instos, large funds, big dollar investors - now know therte are no more juicy placements in the wind - they want a position in PEN - they buy it - ON MARKET.

3. iT'S A GOOD DEAL FOLKS - even if the instos get some extra ceram - that is they way the game works - like it or lump it.