@williak I think you go way beyond optimistic, but this upward...

@williak I think you go way beyond optimistic, but this upward movement may have some basis. The slide presentation below may give a lead. I would draw your attention to dot point 3. "Pentium is expecting to be earnings positive (before start up costs, interest and depreciation) for month of November. The question that needs to be asked is did this eventuate?. If so it would have to be in the good news category. Especially considering at end of Nov the Company has only been relisted for 2 months. Also worth considering that current market cap is only $19.4m which is a bit less than the revaluation of the assets. While I think being cash flow positive in November would warrant an announcement to the asx (could be a bit awkward if questions were asked) we may have to wait until end of Jan to learn the result. That being said short term 10cents is not unrealistic.
The change to buy sentiment is influenced by a desire to average down.