PAA 2.63% 19.5¢ pharmaust limited

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  1. 265 Posts.
    Hi Radioactivewhale, i have been buying at 0.05 on friday, PAAO have a MASSIVE amount of leverage to the upside should the Abiod in Lambouka hold the gas, at this stage of the drill I think that the PAAO have a better risk/reward factor now than the fully paid ADX, i own ADX also but have been taking more PAAO as i feel the downside to the options is less than the fully paid ADX, should the Aboid hold a good amount of Gas/Condensate the PAAO will be a mutli bagger. We could be knowing something on Monday.

    Cheers
 
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