PRN 2.37% $1.08 perenti limited

News: PRN Perenti Says Barminco Secures Hemlo Underground Contract Extension, page-4

  1. 298 Posts.
    lightbulb Created with Sketch. 80
    I agee @Ultra. This is been a slow and unrewarding journey for me so far (ex-DDH holder here). But as you point out, the technicals are finally looking positive. The SP needs to break through and close above $1.055 to continue this up-trend.

    @hhonner. I completely agree with you on the points in your post (link below). I too cannot understand the lack of enthusiasm for this stock based on the fundamentals. Maybe mining service companies are just on the nose at the moment, and we've got to wait until institutions finally rotate into this stock. Hopefully that long piece of string is getting shorter. The problem I have is that the "market" is often correct more times than not. I've lost more money (than I care to mention) betting against it.
    https://hotcopper.com.au/threads/ann-barminco-secures-hemlo-underground-contract-extension.8140032/page-5?get_post=true
    Cheers, Stump.

    Last edited by Stumpedup: 16/08/24
 
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