PEN 4.35% 11.0¢ peninsula energy limited

Strongly disagree. If people wanted to sell then a large portion...

  1. 371 Posts.
    Strongly disagree.

    If people wanted to sell then a large portion would have already done so at 70-80c. I sold some at 79 and I know others who did similar.

    Then there are people who are not going to sell. Period.

    This won't go below 50 or at least not for long or at least not without a big fall in the spot.

    Who would want to just dump their $15k worth at 50-60 cents. Almost not worth the effort or risk.

    Could see a well timed Karoo feaso announcement too...
 
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