PEN peninsula energy limited
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I believe they will accept up to twice the amount of...

  1. AlbertE
    4,815 Posts.
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    15/01/24
    12:04
    Post #: 71881267
    I believe they will accept up to twice the amount of oversubscription. Thereby raising $20M. Why raise debt when you have equity finance ready to go. Increases the options as well. Well that is what I would do if I were on the board.
    PEN Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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