Zubana, ya the only one doing the second guessing here. PEN has made it quite clear financing will be a combination of debt & equity. They have shown their hand with equity requirements.
Only the deluded would be hanging their hats on a special resolution, 75% majority, to get the extra 10%...no guarantees here.
The 15% is a known…factored in.
... the essence of the rule is in the making of 'Availability'
Cheers,
Ab’s
Zubana, ya the only one doing the second guessing here. PEN has...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |