PEN working it's way through its capital management issues.
Below in response to 1st issue of 600m shares at 7.5c via placement now in market.
2nd retail placement only some 60m shares so not of magnitude of 1st.
Don't hold but another U stock to take seriously now the market has absorbed this, this was a serious anomaly, still could be so maybe little bit of time to settle, compared to peers still undervalued but like every comparison maybe peers overvalued atm,
one for your U watchie at least. Noticed MUFG in register, have no idea what is going on there, bit like the ruskies & Albo, always up to no good.
