PEN 1.05% 9.4¢ peninsula energy limited

Ann: A$10m SPP Closes Substantially Oversubscribed, page-161

  1. 67 Posts.
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    I hope you are right.
    I think it is close to breakout out from 14c, however there may be a lot of supply around 17-20c from people who just want their money back. Hopefully 14c will be the new floor if that happens though.
    In regards to accumulation the broker data over the last 5 sessions shows Goldman and Macquarie as the largest buyers, with all of the retail brokers being net sellers.https://hotcopper.com.au/data/attachments/6062/6062458-7fc32cfc3584c7b4a5bd8dd870a8b252.jpg

 
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