PEX 3.85% 12.5¢ peel mining limited

Ann: $6m Share Placement to Accelerate Southern Nights Drilling, page-10

  1. 3,555 Posts.
    lightbulb Created with Sketch. 13
    Reality check required.

    40c is a very good result. It only traded at or above 40c for a week leading up to the TH.

    Was never going to be done at a premium, its still a speculative play despite the positive prospects being advanced.

    Well done management, lets hope this brings improved liquidity and buying interest with further results to come.
 
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