PSA 0.00% 2.1¢ petsec energy limited

Until they outline how they are going to fund china and how they...

  1. 4,837 Posts.
    Until they outline how they are going to fund china and how they will deal with the debt due the shareprice will have these issues holding it back. I suspect shareholders are also cautious due to the company previous ending up in receivership due to debt. I also suspect they will issue a fair whack of shares and as is always the case at a significant discount to market. After that has cleared and funding issues going forward have been resolved the market is likely to show more interest.
    Cheers
 
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Currently unlisted public company.

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