buyer depth coming back ?

The buyer depth is starting to look better on the buy side of the equation. This has often been the case on the nzx but this is the first time that the buyer depth is greater than the seller depth.

much more upside on this one i belive

- government approval ?
- More info in annual report ?
- Greater certainty around defining resource (red emperor) block 07/03 ?
- More info on TUI drilling ?
- survey of block 07/03 ?
- TUI reserve upgrade ?
-

There is still alot of uncertainty around vietnam i belive that any positive news or reducing the uncertainty has the potential to significantly affect the sp. How much "good" news has been factored into the sp who knows but the potential of block 07/03 is aparent to most.

will be interesting if ppp can make the most out of this recent dip in the oil price clearly alot of uncertainty in the oil market just hope they are still assessing all the opportunities.