PEN
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0.00% 8.7¢ peninsula energy limited

Retail entitlement offer.

  1. placi
    341 Posts.
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    18/12/14
    12:18
    Post #: 14480591
    Hi can any one explain, what it mean by :

    participate in a pro-rata Renounceable Entitlement Offer with pricing at $0.02 per share with one (1) free attaching option (exercisable at $0.05 on or before 31 December 2018) for every two (2) new shares subscribed for under the Entitlement Offer.

    is it mean -- > 3 [ 2 new + 1 free ] share for the price of --> $0.05 ?


    Thank you.
    PEN Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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