Daivid Coyne resigning is not necessarily bad news:
"David Coyne will resign from his full-time role to take up a position with another company. He will remain on Peninsula's board as a non-Executive Director and assist the company under a consultancy arrangement."
This could be just good timing for David Coyne to take the NED role and make way for new blood. This has all the hallmarks of positioning the company for the next chapter of growth.
Clearly the FD has not fallen out with the compoany through disagreement hence the NED position.
https://themarketherald.com.au/peninsula-energy-asxpen-to-pay-off-debt-with-40-3m-capital-raise-2020-06-04/
Daivid Coyne resigning is not necessarily bad news:"David Coyne...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $233.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.395M | 12.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2065396 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 11.5¢ | 1951109 | 6 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 1.37 %) |
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| Open | High | Low | Volume | ||
| 11.8¢ | 12.0¢ | 11.3¢ | 3267295 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
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