"BP are divesting their Vietnam assets to pay for the oil spill. Might be worth keeping an eye on Premier to see if they indicate some interest. PPP could be a likely consortium member in Premier made a move."
A very interesting point ronsteib. Well worth keepung an eye on.
Yes I would say that that the Directors have decided that (a) the current share price level rates as a splendid opportunity to top up at a very attractive price lokking ahead a year or two (b) they need to support the share price also and a show of 3 Directors buying creates a sense of confidence (which it did do as the sp lifted during the day and will probably hold firmer tomorrow)
I doubt that they would try to take PPP private as I cannot see any real advantage in doing so. Besides NZOG may have something to say about that.
PPP Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
