I do believe in the long term fundamentals; however I must concede my value downward to reflect the global turmoil.
Though short lived I see ASX:PEN down in the low 4c and PENOC in the mid 2c in the short-to-mid term. In coming weeks / next month I do anticipate a revival of spirited PEN,PENOC trading volume as we have seen in the past few weeks.
Sit tight boys and girls; the next 7-14 trading days are simply an opportunity to hit the lavatory and buckle your seat-belt. The in flight magazine is simply a repeat of what you already know + some outrageous advertisements for watches featuring flying axis tourbillons' so be sure to have something else to occupy you until you can turn your electronic devices back on.
PEN Price at posting:
4.6¢ Sentiment: LT Buy Disclosure: Held
