John Moloney has decided it's the right time for Penny Shares to make her metropolitan debut at Flemington.

Penny Shares has won three of her past four starts, the last two on the synthetic surfaces at Geelong and Pakenham respectively.

She did however win her maiden at Werribee on the turf and Moloney said now was a great opportunity to head to town with an in-form horse with Penny Shares nominated in the 1400m-benchmark 78 race for three-year-old fillies on Saturday.

"She's a horse that eats well and doesn't seem to be taking a backwards step," Moloney said.

"As far as her runs go, I would say she was most impressive last time compared to her other runs."

Penny Shares will make her 1400m-debut on Saturday and Moloney believes her style of racing on the speed will hold her in good stead.

"Sandown and even Moonee Valley with its turns can be more testing than what the Flemington 1400 metres is, so I'm happy to give her a chance," he said.

Moloney himself is making steady progress from a broken leg suffered in a trackwork accident at Caulfield last December.

His days of riding trackwork are all but over.

"The riding is not that hard. The falling off and getting hurt is," he said.

While the day-to-day operations of the stable are running smoothly, Moloney had hoped his recovery would be a bit quicker.

"Unfortunately as you get a bit older the mending of the bones is not as easy," Moloney said.

"It was a pretty tough break so it was always going to take some time.

"I'm getting there and I would like to be getting better quicker, but I've just got to take my medicine."