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11.5¢ peninsula energy limited

PEN - NFWG - U3O8 - Breakout!, page-285

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tutes

3,243 Posts.

627

27/11/19

12:35

Post #: 41658964
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Originally posted by tutes ↑

not concerned about dilution of your shares?

I wonder if YB sees a CR as a negative.. she's always promoting "no dilution - as per Wayne"

Anyway, as an example, have a look at VRX.. they did a small raise ($4 million) at 11.5c on 4/11/19, and all the HC shareholders were saying how great it was, money will be used to fund this and that, etc..

share price has now fallen below the raise price..

that's just one recent example.

if PEN does do a CR, wonder at what discount and price it would be? say 14c? (approx 25% discount).

Wonder if the share price will also fall below the discounted CR price?

just posing hypothetical/possible questions.. just discussing the stock!

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Wonder if my 14c CR price prediction from 13/11 will be close..

PEN Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $243.8M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	37178	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	110165	3

View Market Depth

No.	Vol.	Price($)
3	31827	0.130
4	139117	0.120
4	90879	0.115
36	2436323	0.110
29	2967960	0.105

Price($)	Vol.	No.
0.100	106218	3
0.105	258000	4
0.110	667741	10
0.115	1491795	18
0.120	3937031	33

Last trade - 12.14pm 16/05/2024 (20 minute delay)

PEN (ASX) Chart

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