PEN 11.1% 9.0¢ peninsula energy limited

just voted no, page-131

  1. 418 Posts.
    Hey there cheapcharlie. I'll come to 'confession time'.

    I had been watching U stocks seriously since last year - mostly PDN. But the gossip and analysis on PEN took my eye too, so I took up a token holding. Mainly because you can never really tell when a promising explorer will be acquired.

    Fukushima event occurred, and I waited for prices to fall to a 'stable' level. In first week of September, I piled in with average entry costs of PDN ($2.04) and PEN (6.7c).

    So I'm sitting on paper losses of 25%. Happy to carry that for a quarter or three while Europe and the US sort their debt out. The New Year will bring me a new job because my contract is ending. If I secure the same rate (or close to it), I intend to average down on both.

    WHAT DID WE LEARN ON THE SHOW TONIGHT, CRAIG?

    Dollar Cost Averaging is my friend. But in future I'll space my parcels across a longer timeframe. And probably won't do two from the same sector at the same time.
 
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Last
9.0¢
Change
0.009(11.1%)
Mkt cap ! $286.8M
Open High Low Value Volume
8.2¢ 9.6¢ 8.1¢ $3.499M 38.70M

Buyers (Bids)

No. Vol. Price($)
6 2172029 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.1¢ 170000 1
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Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
PEN (ASX) Chart
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