PEN 6.00% 9.4¢ peninsula energy limited

release of dfs certain for monday morning imo, page-114

  1. 184 Posts.
    lightbulb Created with Sketch. 8
    jzm

    In your scenario (12cent market price). Shouldn't their average cost be 10.5 cents.
    =83,333,333 @ 18 cents + 83,333,333 @ 3 cents/166,666,666
    =$17,500,000/166,666,666

    Still a discount but only 12.5%.
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.