PSA 0.00% 2.1¢ petsec energy limited

Ann: Quarterly Activities Report, page-4

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  1. 1,256 Posts.
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    I am a long way from buying shares.  Don't quite agree that it is a good report.  65 days into a 80 day drill and they decide to let the market know they have having major issue and need 40 extra days of drilling ????


    Nothing happening in the background in Yemen that I can see.  7 months since the permits were imminent.


    Looks like someone may be trying to bump up the price for and CR ???  I think this will be 7 cents after any CR.  They are out of cash, that's why they are doing the conference in the UK.

 
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