sydney6791, a dividend would be very nice if it happens, but that is not why I bought up big this week 1.15m infact.
vietnam appraisal drill looks so good and even if it does not confirm the 100m barrels, it should still confirm half of that.
ppp is trading just on cash backing now.
since so many people got burnt in 2009 and first half 2010, paying up to 65c for their shares then one would expect many people are biased against ppp again, hence market is distorted.
the fundimental is ppp is trading just on cash backing now, with no consideration for tui, nor other assets - corvus for 1. ppp is way undervalued even without vietnam.
expect sp will move up fairly quickly
PPP Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
