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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Mkt cap ! $320.1M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $276.7K | 2.406M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 4140980 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 11.5¢ | 4983089 | 45 |
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| Last trade - 10.12am 30/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 11.3¢ | 11.5¢ | 11.3¢ | 359818 | ||
| Last updated 10.42am 30/05/2024 ? | |||||
| PEN (ASX) Chart |