PEN 0.00% 8.7¢ peninsula energy limited

Well Reddahaydn(Offer 32 cents a share and any one on earth can...

  1. 13,234 Posts.
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    Well Reddahaydn
    (Offer 32 cents a share and any one on earth can have entire PEN's Wyoming Project tomorrow. Mum and Dad own almost 80% of PEN, they will queue at the opening bell to sell)

    1)From my personal experience UBS sells its stake to competitors as and when they feel appropriate.

    2) Hartley: Remember ADI. Hartley went extremely bullish on ADI. Only to find ADI was taken over by AWE within 18 months. Most ADI projects were in incubation stage.

    3) I believe GUS has moved between few companies in his life time. End of the day it is Money Market and people moves on time to time. That's why companies are listed on ASX.

    4) Some one asked me target date for takeover if it ever happen. I will say Once DDW Licence is granted and feedback from NRC on PEN application is addressed, you will see massive consolidation of shares in hands of few INSTO.

    Watch this space.
 
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8.8¢ 9.0¢ 8.5¢ $1.043M 11.92M

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6 908004 8.6¢
 

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8.7¢ 314460 3
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