PEN 0.00% 11.5¢ peninsula energy limited

Ann: Trading Halt, page-83

  1. 103 Posts.
    lightbulb Created with Sketch. 130
    I filled my boots.

    Great opportunity to top up and while painful seeing a 31% drop the future is IMO is very good.

    Expecting a significant over subscription and and scale back as I see Shareholders capped at AUD$30,000. I could take the chance to wait and as I expect the Share to significantly increase post 11th January 2024 I bought as much as could now.

    A number of opportunities could arise from here, including M&A activity which would be very disappointing as unlikely to achieve what the company will be worth this time next year. IMO as I have mentioned previously expecting 4x today's share price.

    News flow is certain as the company is currently undertaking new drilling to increase resource and life time value, plus the Dagger project is completely un recognised in valuation.

    Patience required here, institutions buying in is a very good signal and US government funding will further de risk this as far as shareholder sentiment is concerned.

    Short term pain for long term gain GLA
 
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Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $243.7M
Open High Low Value Volume
11.5¢ 12.0¢ 11.5¢ $640.3K 5.538M

Buyers (Bids)

No. Vol. Price($)
24 2598239 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 3199737 29
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Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
11.8¢
  Change
0.000 ( 1.12 %)
Open High Low Volume
11.8¢ 11.8¢ 11.5¢ 1698787
Last updated 15.59pm 13/05/2024 ?
PEN (ASX) Chart
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