Pewal,This line of yours here."Since PEN now have a couple of...

Pewal,

This line of yours here.

"Since PEN now have a couple of big players as major shareholders, they will decide when they take the lid off"

I was thinking along the lines of are they going to work together?? Blackrock have now entered their position at 3.6c (when you take the Oc's into account)...

Shorting by Citi will adversely effect the Blackrock bal sheet. Perhaps they are prepared to wear a short term (book) loss in order to soak up as many shares as they can via Citi's effort..

The thing is they can't keep it up forever & eventually the price must rise as supply is soaked up.

Will be watching the top 20 holder monthly report to see what Blackrock are doing..It is also adventageous to (us) pleb shareholders that Blackrock is holding intheir own right & not in some nominee trust arrangement, so if they (Blackrock) short it will be far more transparent.

You don't get players of this calibre investing these amount of funds if the company is/has a chance of failure. They don't get to where they are by consistenly backing losers.

We have a rocky road to transverse.

Mid term / long term looks as good or in fact better than it ever has.

M