PEN
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6.00% 9.4¢ peninsula energy limited

"Anyone see this (PDN) as good buying now?" No and hsn't been...

  1. Hangseng
    13,364 Posts.
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    08/07/15
    20:59
    Post #: 15603361
    "Anyone see this (PDN) as good buying now?"

    No and hsn't been for quite a while. I won't be surprised to see it much lower.

    I always saw the debt as a problem in this clinate and still do. IMO China is likely to pick it up for a song and shareholders get screwed as usual.

    With hindsight PEN's planning has placed them in box seat with no debt to speak of.

    Still a few bumps in the road yet though. Thankfully my ride has good suspension.
    PEN Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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