PEX 4.35% 12.0¢ peel mining limited

Ann: Southern Nights Surges with Multiple High-Grade Hits, page-30

  1. 3,623 Posts.
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    Hi,

    The share price will come good in not too distant future. The price won't jump instantly but will rise over a few days to few weeks because

    - There is not much volume for day traders to play with
    - The valuation is over $100 Million and every 10% rise adds another $10 million to company valuation
    - The investors make a considered decision after digesting the news over a few days

    The good thing is that it will be a slow and steady rise (and not P&D game for day traders)
 
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