PSA
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0.00% 2.1¢ petsec energy limited

produces a net 2bcf in dec quarter, page-7

  1. old man river
    3,353 Posts.
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    14/01/05
    17:25
    Post #: 756581
    mgmt control too much for a takeover to have a chance, unless a price of well north of $2 was offered, and I don't think that is very likely.

    Illiquid or not, if they can deliver earnings that translate to a PE of 4, well the price must go up. A result like that would have to translate to a heck of a lot of cash.
    PSA Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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