PEN 4.55% 11.5¢ peninsula energy limited

Having read a number of posts stating that the one positive in...

  1. 2,892 Posts.
    Having read a number of posts stating that the one positive in all of this is that the top 20 are all still holding their stock is rather misplaced I feel.

    Having been a top 20 shareholder of at least 3 asx listed companies over the years, I can confidently state that no movement in top 20 is in no way a sign of anything. Do you really believe that management tell its major shareholders negative news that it has not released to market?

    Whist being top 20 does afford you the luxury of direct access to directors, and will often result in a more frequent commuincation with the senior management, do you really believe Gu$$ would be feeding them any of the disappointing stories many here have speculated? Of course not.

    Having said that, i am still fully supportive of Gu$$ and have taken a rather substantial position in pen over the last few months.

    Kiril

    I hold.
 
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11.0¢ 11.5¢ 10.5¢ $2.185M 19.39M

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No. Vol. Price($)
13 1892350 11.0¢
 

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11.5¢ 3719 1
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