PEN peninsula energy limited

Ann: Application for quotation of securities - PEN, page-7

  1. 3,452 Posts.
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    Yep, I got all too + maximum 50% extra shares at 10c

    I had to sell PEN shares on market at 11.5c (before the offer closed) to fund this though

    Must say I'm a bit surprised it closed 40% undersubscribed when everyone could've sold on market for 11c-12c and just buy back in the offer at 10c.

    Anyway ALL U stocks been taking a battering lately.. hopefully onwards and upwards from here for PEN considering we will be (hopefully) producing in six months time, and also now being fully funded until positive cashflow
 
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