boll
If I'm no good at reading your posts, there's probably a very good reason for it. It's blindingly obvious PEN will outshine Bannerman where it counts: FIRST TO PRODUCTION.
And that's only production.
And just let me reiterate what I said yesterday, since you scoffed at the notion.
Particularly in light of tomorrow's possible developments regarding Asian equity investment in Lance: in this game, to this point, and as far as investors will be concerned, the gap between the two companies in terms of: connections, credibility, assigning P/E ratios (conservative fund managers' requirements), revenue streams and possibly even dividend payments, and leveraging all of the above to make additional acquistions .... [can be measured in] light years.
Credibility gives you connections and connections give you credibility. It's a reflection of management skills and people savvy, of the operation and resource base as a whole, and it has a huge appetite to feed off of itself.
Enter fund managers, some of whom can only invest if there's an E in the formula, whereas the revenue streams - in light of having cemented customers to long term contracts with more to come and no doubt the Asians will like what they see - will look after themselves. Dividend payments, when they eventually happen, they are just the icing on the cake. Additional acquistions are really only a formality, if management's fierce determination and ambitions for the company stand for anything.
Boll, this ain't even a fair fist fight. It's men against boys.
vintage
Welcome back, and thanks for the info re tomorrow's announcement. This could get ugly - in a good way!
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8.1¢ |
Change
-0.002(2.41%) |
Mkt cap ! $258.1M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.0¢ | $1.245M | 15.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 355871 | 8.1¢ |
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Price($) | Vol. | No. |
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8.2¢ | 80192 | 2 |
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No. | Vol. | Price($) |
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1 | 355871 | 0.081 |
25 | 2665934 | 0.080 |
8 | 567475 | 0.079 |
6 | 582300 | 0.078 |
3 | 1412999 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 374288 | 4 |
0.084 | 1769 | 1 |
0.085 | 38201 | 2 |
0.086 | 90000 | 1 |
0.087 | 82721 | 3 |
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