PEN 2.50% 10.3¢ peninsula energy limited

Ann: Peninsula Energy Securities Purchase Plan and Placement, page-9

  1. 696 Posts.
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    On announcing the SPP dates, they could not in alter it to close earlier, thereby unfairly disadvantaging shareholder plans to participate.

    One or other of: Extensions, Scale backs or Over subscriptions, are certainly possible.

    With a comparatively strong share price and U308 booming- heavy subscriptions are a high likelihood and over subscriptions by many millions of dollars, will be the big decision for PEN.

    IMHO this will run, after this highly sought after offer has closed.
    Last edited by gregororius: 12/01/24
 
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