(Sigh) another ho hum pacmag day - it was so dull that I went across to watch the action at PEN - what a day it has been. You might think that even Pacmag followers would put a bit of upward pressure on the price due to the fact that it owns 40M shares in Pen, whose price appreciated nearly 20% today, plus the very good announcement this morning. Clearly the instos and brokers are not on top of Pacmag yet - they will be - we wait (as previously stated on a number of occasions).
PMH Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held