PEN peninsula energy limited
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some company value calculations, page-5

  1. vintage
    13,897 Posts.
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    05/10/11
    15:37
    Post #: 9052105
    Jamie,

    Thanks for your analysis.

    Can't see that you've missed anything important. PE of 10 is not unusual in the current market - so not low. Some derisking still required - but your analysis probably explains the support around 4c despite the woeful markets.
    PEN Price at posting: 4.2¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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62.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $99.19M
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