I didn't mean to say it never happens just that by my experience it'd be unusual and I really don't think it would make a lot of sense for PEN to give such a deep discount or dilute heavily at this point in the game when they have funds coming in a few months from sales.
Unless they want to fund Phase 1 entirely from this CR and the sales cash - but that would seem like a pretty risky play unless they really really feel like the U is just about to pop...
I didn't mean to say it never happens just that by my experience...
-
- There are more pages in this discussion • 424 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.5¢ |
Change
-0.002(1.74%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.7¢ | 8.4¢ | $335.9K | 3.928M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 780898 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 117372 | 11 |
View Market Depth
| Last trade - 13.41pm 20/09/2024 (20 minute delay) ? |
| PEN (ASX) Chart |