re: sandune - psa hedges
Stoss69" PSA always looks good on paper but never delivers with the price of recent times..." It's to do with reporting style. IMO Terry Fern only releases information when things are going above and or below expectation As the top 2 own over 75% of total shares Terry Fern over 50% he only has to please/displease himself not the market
I find PSA has any news that is significantly different to plan it is released and early
Right now I believe Terry would be VERY pleased with Petsecs operation
PSA's price traditionally jumps (up or down) on financial releases
I see othe oiler's low to upside the stock and not keen on downsiding it but if concerned about shareprice this touting works.
With PSA it is results that have major/radical effects on its price
PSA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held