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2.17%

11.8¢ peninsula energy limited

Ann: Construction Contractor Appointed, Budgetary Forecast Update, page-57

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Drswing

3,175 Posts.

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12/04/24

18:58

Post #: 73322198
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Originally posted by AlbertE: ↑

These idiots at the top had nearly $33M in the hand and they took only $10m. They let go of $23m and this short fall in funding has come back to bite them again. Add the 10c options and they would have been sitting awash with cash and the loan (gap) would not need to be as much.

The market is selling them down in a U bull market with so many others running hard and years from production.

Sack the whole board I say and start again.

They are destroying shareholders capital. The lost opportunity costs are seriously getting wider considering someone could be on a PDN/BMN/LOT/DYL etc etc which are moving forward and we are in reverse. Makes the blood boil.

But investing is meant to be an objective task without emotions clouding judgement. So I will gently walk away and take deep breaths and enjoy my wins in DYL and LOT and relish that it is Friday.

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Beer helps. Lots of beer. Tide will turn.

PEN Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.8¢		Change 0.003(2.17%)		Mkt cap ! $249.2M

Open	High	Low	Value	Volume
11.5¢	12.0¢	11.3¢	$1.079M	9.278M

Buyers (Bids)

No.	Vol.	Price($)
63	2594476	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	3502933	38

View Market Depth

No.	Vol.	Price($)
62	2740097	0.115
48	5485172	0.110
71	7251904	0.105
74	16587991	0.100
7	361111	0.099

Price($)	Vol.	No.
0.120	3502933	38
0.125	2561193	19
0.130	3642614	30
0.135	1917794	10
0.140	795340	13

Last trade - 12.52pm 22/05/2024 (20 minute delay)


Last 11.5¢			Change 0.003 ( 2.22 %)
Open	High		Low	Volume
11.5¢	12.0¢		11.5¢	2538353
Last updated 13.00pm 22/05/2024 ?

PEN (ASX) Chart

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