PRN 2.61% $1.03 perenti limited

Lots of good stuff in it. My eyes were drawn to the capex...

  1. 3,585 Posts.
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    Lots of good stuff in it. My eyes were drawn to the capex increase.

    This sort of company has an ongoing appetite for capex. Mr Market does not like this sort of thing.

    This sector including PRN and DDH have been good to me- but do not overpay- do not buy on good news.

    Watching with interest- will consider getting back in.

    IMHO DYOR
 
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