PEN peninsula energy limited

U can laugh all you want Utopia but you can't deny...

  1. 1,972 Posts.
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    U can laugh all you want Utopia but you can't deny 34million dollars was spent within 3 months. That means in the March quarter cash balance will be around 10 million going by the current rate of expenditures. A big 50% dilution in share price is coming because u don't do a 20:1 consolidation and then have the long serving ceo quit heading into the new year unless more really bad and sad news for shareholders is coming. I've been doing this for 17 years. All the tell tale signs of another cap raiding are there and will be implemented most likely mid to later this year.
 
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