PSA 0.00% 2.1¢ petsec energy limited

JimI agree with your reasoning. the other aspects which has been...

  1. 568 Posts.
    lightbulb Created with Sketch. 21
    Jim

    I agree with your reasoning. the other aspects which has been lost on most is that the recent placement was underwritten by management and friends of management. There is a bedrock at 20c.

    All stocks have a buy point and his little fella has reached his.The bad news is behind as is the price destruction.

    In the conference call the other day Terry Fern was a little cagey but it came out, after questioning, that they have some very big targets they are looking at for the end of 2010 involving salt planes. This will be more icing on the cake.
 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.