Ann: Becoming a substantial holder, page-19

well done holders? Lol what for? Watching their investment go from 20 odd cents to sub 10 over 18 months? Yeah huge, meanwhile 800 million shares or whatever at 7.5c will hit the register in January. Don't think that's gonna weigh the SP down?

I don't dislike PEN but management leaves a lot to be desired. Raised at 52w lows last year, delayed production, then had to delay until end of next year and require another $100m USD because they had no backup plan for that deal being cancelled. Now just raised at 37% discount... ridiculous.

Honestly you need serious serious conviction to be holding this after the last 12 months .