PGY 0.00% 1.7¢ pilot energy limited

Ann: Receipt of US$3.7m NOL Tax Credit - 26-Aug-15, page-12

  1. 124 Posts.
    Hi Jamelash,

    unfortunately company might issued too many shares at 0.1c. once the dead wood clears, PGY has real prospects.

    I really like it. no debt and directors who have invested a lot in the company.

    the permits they have are of value. (look whose next door)

    the reason it's 0.1c on offer is they issued too many shares at 0.1c, it's dead wood getting clearly out.

    once that dead wood is cleared, at worst you have a debt free cheap shell.
    this is a definite buy at 0.1c. it's a serious bargain here. you really think the directors with so much skin in the game just gunna let it go bankrupt?? worse case they will do a vend in if needed.
 
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