grown ups would have to agree with rumrunner.
I think, people would have taken up with the offer, if PEN management had released SOME technical data (metalurgy test and other things) to justify the capital raising etc.,
I personally think, people have rights to be sceptical for CR by small companies during the times of Global financial crisis. However, having said that I took ALL my benefits :)
OR
PEN management could have waited for the CR
Either way my focus is long term and not affected by this shortfall.
asx announcement, page-45
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Last
6.2¢ |
Change
-0.021(25.3%) |
Mkt cap ! $197.6M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 6.1¢ | $8.401M | 126.7M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2735758 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 494493 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |