PEN 0.00% 10.0¢ peninsula energy limited

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  1. 48 Posts.
    This wasn't going to be for a day trade.. You had to sell at .023 or .022, to make a profit and pay for entitlements. I calculated when the entitlements were offered that the price would have to drop to .015 to equate, with not taking up the entitlements and dilution. I sold a portion at .23 knowing this would occur. of course if you sell at .018, buy at .016. There is no loss. But the magic .015 mark could be a blind encouraging all to sell. IMO..... Me Im holding.
 
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16 1131679 10.0¢
 

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10.5¢ 7498529 47
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