PEN 3.61% 8.0¢ peninsula energy limited

Finally someone has done the numbers and modeled the percentage...

  1. 2,892 Posts.
    Finally someone has done the numbers and modeled the percentage gains available on the 2 scenarios of either holding the heads for the next few years, or buying the OC's and then selling a small percentage when its time to convert to pay for the exercise.

    You will find that once the SP hits over 20c, the OC's provide 50% greater return on your initial investment....hence the leverage becomes most evident and a no brainer IMO.

    Whilst I promised myself I had finished my buying, couldn't help myself today and bought some more OC's....I think I have a problem. (Still not at break even though.)

    Kiril.

    I hold.
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
-0.003(3.61%)
Mkt cap ! $254.9M
Open High Low Value Volume
8.3¢ 8.4¢ 8.0¢ $2.227M 27.44M

Buyers (Bids)

No. Vol. Price($)
13 1345233 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 438252 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.