Quite a few factors make up a company's share price. Performance is only one, world markets and stability of country origin are two others. With POO going down and the momentum swinging, now we can add this latest fiasco of Aussie police being expelled. In the first instances, investors are going to re-confront PNG corruption and wonder again whether their money is safe, and whether OSH can deliver on long term gas deals via an expensive pipeline. But in the second instances, another problem will arise. The ECP was forced upon PNG when our govt made it a mandatory requirement before granting further aid programs. With the ECP not defunct, Next question is what will happen to our aid programs???
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
