Todays West Australian has Perilya listed as one of the top picks for 2008. 2 of the 7 brokers listed had it rated in their top 5.
"Base metals explorer Perilya emerged as a likley takeover target for several brokers, including Macquarie Private Wealth associate director Anthony De Nicola, who said it was looking "very cheap". "
"Mr Brown (from Delta Securites) also thought that it was a candidate for corporate activity and said it had a large cash balance and would benefit from an expected recovery in zinc prices."
Hopefully this give the share price a little rise with renewed interest being shown.
PEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held