Agree with comments around increasing the accepted dollar limit for the SPP. PEN would be silly not to increase by 50% ($15m) or 100% ($20m) and reduce the debt component accordingly. Can't see it being increased to more than $20m though
The SPP open and close date is 2 weeks, or an expedited SPP. SPP's are usually open for longer that 2 weeks. Would be surprised if PEN closed it early even with the SPP being oversubscribed
Ann: Peninsula Energy Securities Purchase Plan and Placement, page-46
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Last
10.0¢ |
Change
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Mkt cap ! $318.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $698.8K | 6.826M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 101 | 9229216 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2893910 | 18 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |