PEM 0.00% 35.0¢ perilya limited

calm down

  1. 92 Posts.
    I am also stil holding PEM which I bought at around $3+, but IMO this stock is really undervalued.
    Have a look at some net asset per share comparisons here :
    Stock NetAsset/SP Current Sp ratio
    ---------------------------------------------
    MRE $ 1.50 $ 6.46 4.3
    GBG $ 0.185 $ 0.745 4.02
    MCR $ 1.039 $ 3.20 3.07
    ZFX $ 7.82 $10.88 1.39
    CBH $ 0.22 $ 0.40 1.81
    PEM $ 1.14 $ 1.35 1.18

    IMO be patient !, its strong asset backing will support the SP.
 
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