PEN 2.63% 7.8¢ peninsula energy limited

pala-blackrock: what price a takeover?, page-11

  1. 1,418 Posts.
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    Lots of shares at relatively low prices is only a problem if you want to be taken seriously when listed on the US bourses.
    Being a penny dreadful on the pink sheets won't attract any serious institutional investors.

    That's not a problem for us, we're not listing there and we already have some serious investors holding our hand.

    Interesting CSPA today.....buying into the 2.6c ask...hmmmm!
 
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