PEZ
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0.00% 1.7¢ premiere eastern energy limited

22c cash backing & EPS of 3.1c for the quarter, page-7

  1. vontrader
    23,919 Posts.
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    16/11/15
    15:51
    Post #: 16406649
    LMR traded at 50-60% discount to cash

    NXM traded at 40-50% discount to cash

    I can name another 10-15 that all traded for months below cash backing. Nothing fundamentally the issue, just periods of quiet and low liquidity that saw lemmings take ridiculous prices

    IMO it's more about understanding where the selling is coming from and timing the bounce
    PEZ Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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