PEN
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6.00% 9.4¢ peninsula energy limited

Does anyone have knowledge how much time in days they will need...

  1. Tomaszabc
    52 Posts.
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    19/11/23
    04:14
    Post #: 70981308
    Does anyone have knowledge how much time in days they will need to raise 50m$? Average volume on ASX is 4m$ daily.

    PENMF OTC in US on friday had 6m$ volume. It is 6 times more than usual average volume (900 000 shares daily).
    Now Tradingwiev on OTC PEMNF shows 84m$ market cap.
    PEN on ASX at trading halt has still 150m$ market cap.
    Everything is set for 30% dillution.

    Even Peninsula's site is broken
    Last edited by Tomaszabc: 19/11/23
    PEN Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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