Australia's largest stock trading and investment forum Australia's #1 stock forum

PEN

Click for more information

2.38%

8.2¢ peninsula energy limited

Ann: Successful Completion of A$32m Placement to Restart Lance, page-5

First 5 Last

Share
Profile

Follow
alphaduck

146 Posts.

34

25/11/22

11:00

Post #: 64984187
Share

Originally posted by arsenic: ↑

Oh, they've smacked it all right.

No, I'm comfortable with the raising size. We may not like it per short term SP but it's the right thing to do to hold adequate capital for start-up. if your start-up and or ramp-up is slow the last thing you want to do is raise capital when you're wounded. If not use the money to drill up the Barber units and ramp further.

We're in for a penny in for a pound now and I'm here to be producing U when the u price responds to world energy shortages (as my most trusted advisers see it).

All IMVHO

Expand

I'm comfortable with it too. My only issue is how little of the raise is available to share holders. If I could increase my holdings by 30% at the 13.1c price I would have nothing to complain about. In fact at 13c or lower I have a buy sentiment for what its worth and I will focus more on buying on market than trying to get in on the sale.

PEN Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

VUL

Vulcan appoints investment bank and M&A veteran to board

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

There are more pages in this discussion • 9 more messages in this thread...

First 5 Last

Add PEN (ASX) to my watchlist

(20min delay)
Last 8.2¢		Change -0.002(2.38%)		Mkt cap ! $261.3M

Open	High	Low	Value	Volume
8.5¢	8.6¢	8.1¢	$536.5K	6.476M

Buyers (Bids)

No.	Vol.	Price($)
1	30000	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	25000	1

View Market Depth

No.	Vol.	Price($)
1	30000	0.082
1	30001	0.081
10	2384093	0.080
2	10164	0.079
1	100000	0.078

Price($)	Vol.	No.
0.083	25000	1
0.084	20000	1
0.085	540000	3
0.086	435698	4
0.087	912531	4

Last trade - 16.10pm 13/09/2024 (20 minute delay)

PEN (ASX) Chart

SPONSORED BY