Pen can close the SPP early if it wants and does not have to...

Pen can close the SPP early if it wants and does not have to keep it open until the 24th Jan. See below.

The SPP will close at 5:00pm (AWST) on Wednesday, 24 January 2024 (“SPP Closing Date”) and payment in cleared funds must be received by that time. Peninsula retains the right, subject to the ASX Listing Rules and applicable law, to extend the SPP Closing Date or to withdraw the SPP at its discretion and without prior notice. Eligible Shareholders are encouraged to submit their applications as soon as possible.