PEM
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0.00% 35.0¢ perilya limited

I can't see a buyback from PEM any time soon. At best they've...

  1. ninetysixer
    105 Posts.
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    25/01/08
    22:32
    Post #: 3290940
    I can't see a buyback from PEM any time soon. At best they've got 200 million shares on the market, that's chicken feed. I believe they'd be better off investing the spare cash lying around (only about $140million!) into a serious DRP to entice new shareholders or splurge and do some serious M&A work.
    PEM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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