PEN
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1.03% 9.8¢ peninsula energy limited

u price

  1. illiquid
    1,069 Posts.
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    12/03/12
    22:42
    Post #: 9827791
    I haven't read every post for the past week but so far I haven't seen anyone mention the elephant in the room.

    We've seen 3 significant drops in the U price as presented by the Armajaro mid price index on Bloombaerg over the past 2 weeks. We've dropped from our $52+ level and are now at $50.88. Does anyone have any theories about what is going on here ? It's going contrary to the direction predicted by most industry commentators, Gus and most holders (me included). I put the first couple of drops down to market fluctuations but as it closes in on the $50 mark again I'm becoming more concerned.

    Thoughts, comments ?

    MFURMDUR:IND 50.88000 -0.37000 -0.72%
    PEN Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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