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.
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $264.5M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.2¢ | $453.2K | 5.435M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 249998 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 88201 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 249998 | 0.083 |
14 | 1944401 | 0.082 |
14 | 2381409 | 0.081 |
28 | 3295825 | 0.080 |
6 | 1183885 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 88201 | 3 |
0.086 | 500000 | 1 |
0.087 | 82721 | 3 |
0.088 | 194960 | 3 |
0.089 | 200001 | 3 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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