PEN 5.00% 10.5¢ peninsula energy limited

Ann: Successful Completion of A$32m Placement to Restart Lance, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 991 Posts.
    lightbulb Created with Sketch. 310
    Well there you go, it is for restarting Lance. Not certain what they are referring to regarding additional activities however I am happy we are moving to production. A lot more dilution than I was anticipated which is disappointing, the market may smack this in the short term due to the dilutionary nature of the announcement.
    Long term it should be ok. what are others thoughts?
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.