PSA 0.00% 2.1¢ petsec energy limited

the perenial bagger and a challenge, page-18

  1. 11,121 Posts.
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    Sushi does not like much, not even NAV when it keeps going up.

    However, having lost on PSA I also dislike this share. In particular it seems to have been massively ramped up, and my broker Ord Minnett was pushing so I bought. Happy to escape with a small loss before it really fell apart. Given its past history I will not be back.

    Its hard to value this company. Lots of little gas finds just add to costs.
 
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Currently unlisted public company.

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