PSA 0.00% 2.1¢ petsec energy limited

vermilion and what it means, page-2

  1. 5,411 Posts.
    Many thanks for your thoughts, JBC.

    So far, that overhead resistance at around .98
    has held PSA , very effectively .....

    ... your own foray yesterday, proved just how thinly
    traded PSA is, at present.

    How will the liquidity be improved in the future???

    With such a good story, everybody will be holding
    on to what they have already accumulated.

    There's little point in making an issue to the
    institutions, as they are not obliged to hold
    PSA yet and would be longer-term holders
    anyway ..... and PSA has no need of the extra
    funds.

    So what happens? ..... a bonus issue by the
    company to shareholders ..... that might help ??

    At some stage one or two of the Top 20
    shareholders may be enticed into some
    profit-taking ..... but that is surely a long
    shot too .....

    Your thoughts would be much appreciated.

    happy trading all

    yogi

    P.S. ..... holding PSA


 
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