PEN 1.14% 8.7¢ peninsula energy limited

bang!, page-14

  1. 2,363 Posts.
    not bad.

    If pen 2.5c 2x to 5c, then penoc would be 2c, also 2x.

    the real leverage occurs as pen moves higher.

    PEN 10c = 4x

    PENoc 7c = 8x

    potentially double the returns, but carries additional risk
    that comes with the unknown, and time expiry.

    A fair punt.

 
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