PEN peninsula energy limited

Ann: A$10m SPP Closes Substantially Oversubscribed, page-69

  1. 295 Posts.
    lightbulb Created with Sketch. 69
    Sorry, I didn't mean to burst everyone's bubble with above. I am down 60% since I started investing 3 years ago, so I finally thought this would be one stock that was going to go my way. Trying to read through the prospectus again to see what I missed. I guess this is the fine print:

    The Company reserves the right to accept a lesser amount to the total number of New Securities
    applied for by an Eligible Shareholder on the SPP Application Form (including if the SPP closes
    oversubscribed), at the Company’s complete discretion.

    Anyway, congrats to you all. Down nearly 70% overall now.
 
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