Club Mulgoa

Tuesday, January 04, 2011

PEN

I was going to call it a day at my blog when I read something in Hotcopper that put a sparkle in my eyes. I held shares in PEN with blind faith for yonks and even topped up with entitlements and options. While the announcements have been decent, it has never been spectacular. But it is a plodder. Someone congratulated the long term investors of PEN because recent rises have now pushed this chronic loss of mine into the green zone! Even the options are valuable now! The board deserves a pat on the back for working so hard with this unappreciated company.

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