Dahook it wasn't a comparison...merely an example of book values which have a common multiple of between two and three times book and merely an example of book value to book value multiples...not a comparison to uranium stocks.
Generally to guide you...A book value over three is usually ready for a correction...just a broad guide...of course shares like Pen selling below book could end up in the short run before an appreciation of assets of at least twice book.
Indicating that pen in the short term time frame .appreciation to $2.32 is quite possible within a year ...certainly a lot less than analyst projections but still a good profit for investors who entered at book value.
All the best to All
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peninsula energy limited
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Remember Target ... $12.36, page-37
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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