Considering we are covered for the next lot of drilling and assays without utilising the CPA. It feels like its a win win situation, ie If results are above average, then the rest history. Or if there not up to standard but need more drilling then the following comes handy:
"If PNN does decide to utilise the CPA, PNN is able to set a floor price (at its sole discretion) and the final issue price will be calculated as the greater of that floor price set by PNN and a 10% discount to a Value Weighted Average Price (VWAP) over a period of the Company’s choosing between 1 and 20 business days(at the sole discretion of PNN).
jmo
glall
please DYOR
Considering we are covered for the next lot of drilling and...
Add PNN (ASX) to my watchlist
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $12.11M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $27.83K | 257.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 72020 | 5 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PNN (ASX) Chart |