PEM
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Article in the Australian this morning suggests PEM could...

  1. tobyjack
    9,236 Posts.
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    15/05/13
    14:26
    Post #: 11766842
    Article in the Australian this morning suggests PEM could seriously benefit if the A$ erodes further against US$, although they don't suggest trading on that basis alone.

    According to UBS a US5c depreciation in the A$ could benefit PEM's earnings by 125% (based on sp of 16.5c)

    http://www.theaustralian.com.au/business/opinion/unearth-a-fortune-with-these-dollar-dazzlers/story-e6frg9lo-1226642443977
    PEM Price at posting: 17.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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