PSA 0.00% 2.1¢ petsec energy limited

re: the share price has been falling OMR:"Announcing every other...

  1. 6,389 Posts.
    re: the share price has been falling OMR:

    "Announcing every other day" ??? Well that sure as hell doesn't describe PSA does it?

    You know what is interesting about your comments?

    It seems that this type of discussion goes on regularly on the Yahoo stock chat boards about companies in the US.

    Used to own one of them too and just like PSA it underperformed, but for YEARS - until they started putting out regular informative updates. The it went up over 100% - amazing what a little information will do.

    Regular information updates about a company does wonders to remove uncertainty from the marketplace and helps increase the confidence of investors which in turn leads to a higher share price.

    In any event PSA has shown that it could care less about what shareholders want as far as information is concerned. It also really matters little what we say or do.

    HOWEVER, as PSA is listed in the good ole USA, a nice little letter to the SEC expressing concerns about the lack of information and how information is passed on to indivual shareholders rather than the market place MIGHT get something done......
 
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Currently unlisted public company.

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