PEX 4.55% 10.5¢ peel mining limited

mallee bull returns 84m @ 4.42% cu, page-39

  1. 2,854 Posts.
    I would not worry Evo just hang in there
    These markets are a crazy place where ATM there is no correct value placed on any stock it would appear.
    I can name a dozen penny stocks that are so over priced it is not funny and yet 1 or 2 tiny pennies that could explode into another SIR.
    Then we have PAX, excellent grades from Mallee and yet we are still here at below market announcement prices.
    However, one must understand that PEX was heavily sold down mid last year so it has come back to respectable levels again.
    Am happy with the results yesterday and happy to hold on those results.
    Cheer
 
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