For those that come on the thread with grave concerns for...

For those that come on the thread with grave concerns for holders who are long term and positive about PEN and its future.

Stress no more for us, please.

We have done our assments and risk analysis. We know the company and its management and how they have all along kept holders informed and provided opportunities for us to Top Up, yes not just the "Sophisticated Investors" but ordinary holders like ourselves.

Of course there is still risk and there will always be the risk of another N accident in the future, but one can't think negativley all your life. One must have dreams and sometimes dreams do come true.

And when dreams come true one or many can do good deeds as has been demonstrated by many posters on here and no doubt this will be repeated in the future.

At the moment there will be some who are more comfortable with their investment than others because they have bought in the 3 - 4c range. Other that bought 8C > may not be feeling so comfortable. They will make their own judgement calls whether to jump or stay. Good luck to them whatever their decision.

If you have grave concerns for the companys future and the U industry in general its probably time to move on or take the next step and provide your concers and analysis to perhaps, the Top 20 and Pala.

Pala contact details attached.

F15

Contact
Pala Investments AG
Dammstrasse 19
6300 Zug
Switzerland

Tel: +41 41 560 9070
Fax: +41 41 560 9071

Colin Murray
Vice President, Operations
[email protected]

[email protected]

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8 Mr David Eric Bartley & Mrs Sarah Jane Mitchell 15,394,231 0.74
9 JP Morgan Nominees Australia Limited 14,867,875 0.71
10 Mr Graham Edward Dunjey & Mrs Linda Mary Dunjey 13,737,424 0.66
11 Mrs Debbie My Phoung Tran 10,000,000 0.48
12 Mr Wally Michael Yuryevich 9,800,000 0.47
13 Etchell Capital Pty Ltd 8,477,924 0.41
14 Comsec Nominees Pty Limited 7,910,873 0.38
15 Simner Pty Ltd 7,500,000 0.36
16 Maryfields Farming Pty Ltd 6,336,365 0.30
17 Vulcan Custodian Limited 6,250,000 0.30
18 Ms Jennie Colleen James 6,193,000 0.30
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20 Ms Melanie Roslyn Bell 5,885,000 0.28
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