meu vs pen, page-15

I like PEN, although I'm not a holder anymore.

And of course when the share price is less than a quarter of the 52 week high shareholders are unhappy. A good reminder to always have an exit strategy.

It's hard to compare a AUD 80 mln market cap company with MEU. PEN is valued 8 times as much as MEU. But based on value for money I prefer MEU.

I bought PEN at 1.8 cents, in a time almost now-one talked about PEN. This is the same now for MEU. Only a couple of us long term holders are writing about MEU.

It's probably mentioned many times before, but if every-one is writing about a stock how is left to buy?

So if in 2015 MEU is 60 cents + and we see 100+ posts a day I probably will sell a few MEU shares ;-)

Wishfull dreaming atm, I have to say that the order book doesn't look very good. But if the next couple of announcements are as good as the last one than MEU will certainly will be a very good investment.


Cheers, Conrad