PEN peninsula energy limited

why? He is right. The production downgrade was announced in...

  1. 136 Posts.
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    why?
    He is right.
    The production downgrade was announced in January.
    Once the company has given new production guidance and also secured funding, the share price can move to fair value.

    if funding comes from a CR i think it's a good time to average down, as it should be the last one.
    If they were able to secure a loan, then the share price should surprise to the upside.
 
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