PPP 0.00% 3.7¢ pan pacific petroleum nl

divvy time perhaps, page-33

  1. 2,527 Posts.
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    I've told a couple of people about these as well - no need to feel guilty about it imo - the story is pretty compelling. If there's dramatic changes like the oil price retreating heavily or field production dropping dramatically then it might be a different story but at the moment that isn't the case.

    I'm glad to have moved more capital into this even though I was buying in the 26 -> 28c range. The price might have fallen, but not as badly as some of the gold stocks I've been holding.

    The most likely reason for the selldown is overhangs from margin calls and things like the Chimaera situation causing forced selling - and then the snowball effect from that.

 
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