Hi Ians
Good volume today. The coy suffers from heavy selling each time it looks to get to a new price level
I know several instos have gone in the past year and there seemed to be tax loss selling around 30.6.
GIR has announced a new substantial share holder today.
Over time I believe there will be corporate activity in GIR and the new controlling share holders may look to sell
or increase their holdings in the GIR associates bringing PMH into the spotlight
PEN is doing well and bringing PMHs cash plus investments up to 4Mill
This coy has a similar feel to the following coys I invested in below 0.10 before they took off. CNX[MEE] SMM, GIR and EWC
Like PMH they had good resources, management and were unloved by the market
I believe we will see the 0.16 reached 10 weeks ago soon and above your 0.30 cost by year end
Waiken
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