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4.76%

11.0¢ peninsula energy limited

only the spp had options not the into raise.

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969 Posts.

26

14/01/24

14:11

Post #: 71871248
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Originally posted by Serpentis: ↑

I thought about this and no, there won't be a short squeeze. They'll use all the shares they're getting from the institutional cap raise to cover the shorts, they won't be buying on market. Short sell the stock at 10c, cover the shorts with the 7.5c shares they get from the cap raise, keep the options, easy money. This isn't normal shorting, they're just taking advantage of this big price gap.

Perfect time to take advantage of the suppressed share price. When the instos are done making a few quick pennies, then this stock will rocket. Get in now!

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only the spp had options not the into raise.

PEN Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 11.0¢		Change 0.005(4.76%)		Mkt cap ! $233.1M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.3¢	$563.2K	5.278M

Buyers (Bids)

No.	Vol.	Price($)
36	2211645	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	3713260	38

View Market Depth

No.	Vol.	Price($)
37	2228254	0.105
76	5167932	0.100
7	355101	0.099
9	816373	0.098
5	233887	0.097

Price($)	Vol.	No.
0.110	3671532	36
0.115	3258949	25
0.120	5399017	33
0.125	3766160	19
0.130	3795755	41

Last trade - 14.59pm 30/04/2024 (20 minute delay)


Last 11.0¢			Change 0.005 ( 7.11 %)
Open	High		Low	Volume
10.5¢	11.0¢		10.5¢	2590625
Last updated 15.13pm 30/04/2024 ?

PEN (ASX) Chart