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mp 19, page-2

  1. entropylord
    13,963 Posts.
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    08/05/08
    20:45
    Post #: 3688777
    Matrixman,

    I thought the new owners might be buying a boe basis, rather than a boepd basis, very hard to compare short life assets on a boepd basis. More likely even the price is for other reasons?

    PSA has been punished for an appalling NPAT record, always shrouded in EBITDAX, and pefore habitually and silently shrinking reserves.

    Once burnt, twice shy.

    EL
    PSA Price at posting: 0.0¢ Sentiment: LT Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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