PEN 0.00% 9.8¢ peninsula energy limited

Ann: Rights Issue - Shortfall Notice , page-11

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  1. 13,367 Posts.
    lightbulb Created with Sketch. 16
    "poor reception"?

    Maybe by some, but the astute have had a big win...in this case I include myself.

    You can lead a horse to water but you can't make them drink!

    "Based on shortfall applications received to date, the Company anticipates that the Shortfall will be fully subscribed."

    In fact possibly 'informally' oversubscribed, as they have been turning shareholders away who asked to be involved in any shortfall. I am sure there would have been plenty of takers for the shortfall.

 
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