PEN 3.64% 5.7¢ peninsula energy limited

Another investor who thinks their pet investment “moves” with...

  1. 2,983 Posts.
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    Another investor who thinks their pet investment “moves” with the sentiment of the world’s biggest economy.

     

    The data never lies ura. Below is Dow Jones v PEN (PEN is the one that's trending down). Zero correlation, as would be expected. To suggest that a speculative mining company, whose flagship project has a terminal illness, with a US$36M market cap is correlated with the DJ index is either elevating PEN to a place they don't deserve or insulting the most powerful exchange on the planet. Look at the graph ura, it entirely contradicts your theory.


    https://hotcopper.com.au/data/attachments/1342/1342421-a6454c1c997d99a71d69fc465f8f0fb4.jpg


    Last edited by You3OAte: 31/10/18
 
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5.7¢
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5.7¢ 5.9¢ 5.5¢ $1.879M 33.05M

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5.8¢ 277792 3
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