There will be another chance to get into PEN at 23c, perhaps even 20c.
On what evidence do you make the claim that the bottom has been reached? Hope? Today's bounce? Pity you didn't claim the bottom had been reached yesterday. Are you sure, this time around, the bottom has been reached?
Strange SP action the last few days. Since fundamentals remain dire, I expect the downtrend to continue. May even consider a trade at these (lower) levels.
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peninsula energy limited
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