PEM perilya limited
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98

  1. von wipps
    1,188 Posts.
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    13/03/08
    10:27
    Post #: 3462751
    Traded at 98 this morning capitalising company at only $192m approx.


    Bought low on Tuesday and sold high on Wednesday. Afraid to hold this stock long term but could be some trading opportunities if they don't go broke first. Unlikely given the cash holding. Should just get out of broken hill and rebuild. Forget CBH and get on with it. Maybe sell Broken Hill to CBH. Even if they gave it to CBH for free I suspect the share priice of PEM would improve although the asset must be worth something.

    Von.
    PEM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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