PEY Moves into Big LeagueNG prices should strengthen and PEY will benefit.
There will be some profit taking as buyers below 12.5 will be tempted to sell. Even those who got the receipts may sell the shares they hold.
Hold and enjoy the 10%+ yield. They said that they will be increasing it in future so fear of a cut is gone. Today BIR, TOU and POU are in green which is a good sign. PEY is definitely better than BIR.