Thanks CEB2, interesting read the first one, about half my PEN holding is in a SMSF and I had not realised the potential tax benefits.
Doesn't change my view though - although there are a number of SMSFs amongst the top 20 holders, and it would perhaps be in some of our interests to have a buy back - I don't see it benefits PEN at the moment or for the foreseeable future, and is therefore unlikely.
However, PEN also has a habit of looking after it holders - I can't complain about the options offer, 1c a piece and went to 12.5c. Even today, they are nearly a six bagger.
Who knows what the future will bring, the pointers for PEN are in the right direction though I believe.
a new on-looker, page-20
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Last
7.4¢ |
Change
-0.001(0.68%) |
Mkt cap ! $234.2M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.6¢ | 7.3¢ | $779.1K | 10.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 3501475 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 768392 | 17 |
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| Last trade - 14.08pm 05/09/2024 (20 minute delay) ? |
| PEN (ASX) Chart |