PEN peninsula energy limited

old Ale you seem to be intoxicated by price ...and never a...

  1. 2,501 Posts.
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    old Ale you seem to be intoxicated by price ...and never a thought given to value ..,either book value or intrinsic value.
    Everything in life goes up and down it's a cycle ..but you don't seem to observe this with your fixation on price....
    I will repeat for your benefit...
    I am happy to sit in quality, wait for earnings and see a gradual improvement in price... Again I'll repeat three to five years ..hardly a year has passed since I entered at $1.30... and I have averaged ..and will continue to buy at giveaway prices at half or even less than half
    book value.
    All the best to All
 
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