PEN 4.55% 11.5¢ peninsula energy limited

option offer entitlement, page-5

  1. 10,142 Posts.
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    NTU:

    The Rights Issue offers two new shares for every five shares held at a price of 16 cents per share

    current share price hit 31.5 cents.

    thats how you do a capital raising

    PEN still under 4 cents... why isn't PEN double at 8 cents ?
 
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