PEN 4.55% 11.5¢ peninsula energy limited

Share Purchase Plan (“SPP”)- explaination please

  1. 47 Posts.
    lightbulb Created with Sketch. 13
    Hi. Im not good at options and other sophisticated marker stuff.

    "A$10.0 million Share Purchase Plan (“SPP”) to issue 133.3 million New Shares together with attaching options on thesame terms as the Placement (together “the Offer”)"

    "Participants in the Offer will receive one (1) free unlisted attaching option for every two (2) New Shares allocated (“AttachingOptions”). Attaching Options will be exercisable at A$0.10 per option and will expire 14 months from the date of the issue"
    ---------------
    What does it mean to me? As a longterm shareholder, can I buy shares at 0,075 $ and immidiately sold it? Or it is more complicated?
    What's about those options?
 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $313.2M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $1.590M 14.38M

Buyers (Bids)

No. Vol. Price($)
38 4400049 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 6373305 57
View Market Depth
Last trade - 14.49pm 29/05/2024 (20 minute delay) ?
Last
11.3¢
  Change
0.005 ( 2.74 %)
Open High Low Volume
10.8¢ 11.5¢ 10.8¢ 5334276
Last updated 15.05pm 29/05/2024 ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.