PEN 4.76% 10.0¢ peninsula energy limited

penoa hot property

  1. 13,364 Posts.
    lightbulb Created with Sketch. 11
    I think I can foresee where cash is coming from, PENOA conversions.

    PENOA once unloved is about to become hot property IMO.

    PEN VWAP 5.32 and rising
    PEN trading at 5.5

    PENOA 2.3 +3.0 conversion = 5.3

    If PEN hits the next target of 7.5, where will PENOA be? Moreover, where will it be once the first director's target of 8c gets hit?

    This is a great looking chart. MA's looking like heading into a very nice golden cross.



    The directors are certainly doing all they can on a personal level. If Gus in particular converts his PENOA's then my thoughts above will seem almost prophetic lol...
 
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Last trade - 12.29pm 25/07/2024 (20 minute delay) ?
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