PEN peninsula energy limited

Ann: A$60M Equity Raise to Fund Restart of Production at Lance, page-57

  1. 333 Posts.
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    I don't want to write in name of old shareholders who lost lot of money. Im here from 0,27$ aud. My next buy points was 0.13 and 0.105.
    Now I'm buying at 0,08$.
    What I will do in PEN situation? Probably the same. Second option was to wait for higher price looking at melting money. I know they need to have more than 12m$ in their pocket. It's in company statute but maybe I'm wrong.
    They do what they need to do and We can only pray, that this is no scam.

    Do You all know history or Rick Rule and Paladin? Rick stated that Paladin went from 10 cents to 2 cents and he still was buying more.
    Maybe this history repeats again? If someone is scary, they should go buy Paladin at 3000% from bottom.

    Rick Rule now don't like companies like Peninsula because of to small resources. But this is his way of playing market game.
    Last edited by Tomaszabc: 21/11/23
 
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