PEN peninsula energy limited
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It’s illogical. US market hasn’t fallen for the spot slipping....

  1. Agit8a
    882 Posts.
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    11/12/24
    21:16
    Post #: 77006716
    It’s illogical. US market hasn’t fallen for the spot slipping. They see the real value as the median between current contracted ceiling and floor prices, so high 80s. Nobody can buy U in volume under a forward contract for $77. It’s an illusion ASX U stocks have fallen for.
    PEN Price at posting: $1.14 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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