PEN 1.37% $1.08 peninsula energy limited

Sell PENODs?

  1. 1,624 Posts.
    lightbulb Created with Sketch. 100
    Something to think about..

    PENODs expiring at end of this year.

    Conversion price is $2

    At this stage, it doesn't look like the share price will reach $2 by end of this year.

    Perhaps it's better to sell PENODs now, rather than have them expire worthless?

    I remember I made a loss on the PENOCs, got a few hundred bucks selling them at a big loss (after investing in thousands) but at the end of the day, it was still a few hundred bucks in my pocket, rather than zero.

    By all means, hang onto your PENODs if you think they will go up in value, or will be in the money later on.

    DYOR.
    Last edited by tutes: 21/02/18
 
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