I only brought it up because "theone" said that he doesn't think PEN will approach the market for more equity.
I thought my question was a legitimate one. Certainly wasn't trying to be smart or anything.
Not saying it will happen, but I think a capital raise for the $45 million is certainly possible. I can't say I know where the money will come from at this stage.
As an investor, that must also be taken into consideration, as well as the positive of the NYSE listing. If I didn't believe in PEN, I wouldn't be a holder and on this forum.
Just trying to take in the whole picture and not pick out just the positives.
All lining up nicely, page-45
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $283.6M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.2¢ | 8.7¢ | $1.914M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3086184 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 52516 | 4 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |