PSA 0.00% 2.1¢ petsec energy limited

agm-a bright future, page-31

  1. 26,759 Posts.
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    So where does PSA go from here? Beyond belief that it's all gone pear shaped on every front, but clutching at straws here, at least they are still profitable .... I suppose the writing was on the wall when Mike Hervey departed (which again pisses me that market sensitive info seems to have been not forthcoming in a timely manner) but I am guessing that the appointment of the M&A guy means that this will be the focus for PSA.... Needs must. Will they aim to sell assets piecemeal, merge with a larger entity or just sell the whole shebang privately? I guess I'm just looking to get my money back at this stage, can't see a Multibagger anymore - it's going to have to get back to about 19c for that to happen though and frankly, single digits look likely for the time being. What does anyone think (constructively) is the best way forward as far as shareholders are concerned?
 
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