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3.64%

5.7¢ peninsula energy limited

Ann: Permit to Mine Amendment for low pH mining approved, page-43

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ura_bull

4,048 Posts.

550

23/03/19

11:32

Post #: 37860957
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Originally posted by ValueInvestor123 ↑

you30ate

I'll give you a little investing tip for the future. The best investors remove all emotions from investing decisions.

PEN is a turnaround play. By definition this means woeful past and a strategic decision by management to turn things around. The only way to play these turnarounds is to forget about the past and concentrate on new information that either proves things are turning around or not. I feel you are simply dismissing all new positive information and are anchored emotionally on the past. Successful turnaround plays are not emotionally easy but with successful management changes, can be some of the most rewarding for investors that back the turnaround.

I respecfully suggest you work on your emotions. A strong emotional framework, not IQ, tends to make better Investment decisions

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Good advice and good insight. Unfortunately Y3's overriding premise seems to be that because PEN made errors in the past they can't possibly do anything right in the future... even under new technically minded management... it's illogical :/

PEN Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 5.7¢		Change 0.002(3.64%)		Mkt cap ! $274.0M

Open	High	Low	Value	Volume
5.7¢	5.9¢	5.5¢	$1.879M	33.05M

Buyers (Bids)

No.	Vol.	Price($)
3	230880	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	277792	3

View Market Depth

No.	Vol.	Price($)
3	229333	0.300
1	40000	0.295
3	38000	0.290
1	27500	0.280
3	229917	0.270

Price($)	Vol.	No.
0.315	26353	3
0.320	57453	5
0.325	63915	4
0.330	81655	5
0.335	22000	2

Last trade - 16.10pm 22/11/2024 (20 minute delay)

PEN (ASX) Chart