I would like to see 40c, I expect it to be at least a 30% premium to acquiring company on a relative basis. I think the big push will be synergies/best interest of both shareholder groups/greater index weighting/fund participation yada yada - I expect it to be similar pitch to DYL’s attempt on VMY just a higher premium. All true of course. It wouldnt surprise me if PENs already in the 30-35c range by Feb so the 40c valuation for scrip offering certainly sounds plausible. I’ll likely continue to hold… maybe sell a small portion to lock in some gains.
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11.0¢ |
Change
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Mkt cap ! $350.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10012 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 20842 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 268799 | 0.105 |
26 | 5936923 | 0.100 |
5 | 399713 | 0.099 |
14 | 1734004 | 0.098 |
4 | 601000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 5359191 | 43 |
0.115 | 6001327 | 40 |
0.120 | 7185710 | 54 |
0.125 | 2308607 | 14 |
0.130 | 1514601 | 21 |
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