PEX 15.4% 11.0¢ peel mining limited

Ann: Wirlong Intercept Returns 17m @ 4.59% Copper, page-24

  1. 2,892 Posts.
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    Yes Copper. Some tiny, miniature sellers pushed price down. They want to sell cheaper than St Barbara willing to pay (20.5c). IMHO most likely St Barbara will eventually buy out at much higher prices. IMHO it is unlikely St Barbara only want to make 5-10c a share profit (ie sell out at 25.5-30.5c).
 
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