Last cap raise was at 7.5c
PEN were right to NOT take the excess
This is because they could easily do another cap raise at much higher prices (eg 15c) in 6 months time, resulting in less dilution than if they took the excess at 7.5c
Maybe no cap raise required though, if they get enough get enough debt
Ann: Construction Contractor Appointed, Budgetary Forecast Update, page-56
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $2.606M | 25.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 7027061 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4831698 | 33 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.5¢ | 10.3¢ | 3098926 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PEN (ASX) Chart |