PEN 0.00% 8.7¢ peninsula energy limited

Ann: Completion of Retail Entitlement Offer & A$106M Equity Raise, page-5

  1. 192 Posts.
    lightbulb Created with Sketch. 66
    Jesus so only 40% uptake. Guess most of the retail holders are pretty fatigued/over PENs performance.

    what do you think the underwriters are going to do with the remaining 220mil shares? That should be enough to keep the share price low for another month or two easy.
 
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