Totally agree vintage. The big players have effectively doubled their holding and can afford to accept less per share i.e. 4c = the old 8c. Same outcome but more exposure short term. I say short term because I get the feeling we are following a script and the deal has already been struck. The class D's will be diluted if they vest on a t/o at 4c but not a bad gift.
At 4c, the new PENOD's will expire worthless and PENOC holders may just scrape some money back.
2015 could be a big year, page-8
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Last
9.6¢ |
Change
-0.001(0.52%) |
Mkt cap ! $304.3M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 9.9¢ | 9.4¢ | $382.4K | 3.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 516704 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 222738 | 10 |
View Market Depth
| Last trade - 11.16am 03/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |