PEK 10.5% 21.0¢ peak rare earths limited

Valuing Rare Earth Companies, page-18

  1. 5,541 Posts.
    lightbulb Created with Sketch. 542
    That's a long wait gaucau and you're not alone i'm sure.
    Massive dilution given that the current 50c is only 5c in the old money.
    I first purchased between 9c and 11c and very fortunately flicked them at 95c when they peaked around 97c, well prior to the consolidation.
    I've been back a couple of times along the way but never made a penny since that first run.
    It's a shame they're now fueling the Chinese growth machine with their highly dubious long term intentions, but I guess it came down to company survival.
    You can't buy back all that lost time and opportunity but hopefully you at least get some financial reward for such patience.

 
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