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4.55% 10.5¢ peninsula energy limited

PEN signed its supply contracts years ago. PEN has been signing...

  1. jogo
    3,720 Posts.
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    13/04/21
    22:07
    Post #: 52443698
    PEN signed its supply contracts years ago. PEN has been signing contracts with suppliers based on SPOT prices so they can deliver into their commitments. This has been going on for several years now. It is not such a good arrangement as it may seem, as shown by the need for frequent CRs over the timeframe.

    PEN Price at posting: 12.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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