PSA 0.00% 2.1¢ petsec energy limited

set to rise, page-22

  1. 13,339 Posts.
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    yes very good move by PSA mgmt have been hoping they would exit china for along time just wasn't a good fit IMHO going forward costs wise/returns risk etc
    Is why I brought back in last week PSA a much better company, today I read the resent PSA presentation 15.5BCF 2p reserves more cash than market cap..priceless

    moving into shale oil/gas plays a smart move with much market interest in the sector I see STX now talking up moving into shale


    A 10% buyback would not be a stupid idea at these levels either..

 
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Currently unlisted public company.

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