PRN 2.42% $1.01 perenti limited

Ann: Investor Presentation, page-11

  1. 280 Posts.
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    just for transparency this is my current position on PRN. Over 17% of my portfolio. I buy every time it dips below 98c and keep buying until it goes back up. It will eventually always find above $1 and it is really worth 1.20 fully priced but I doubt it will make that without another 6 months of solid performance and more debt reduction.
    https://hotcopper.com.au/data/attachments/6259/6259991-44b5971238c8ce851475fc3bfabb4a8c.jpg
    bought and sold so many times. I was buying when it was 60c . Always delivers.
 
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