PPP pan pacific petroleum nl

Cant believe people are selling this below cash backing, $150...

  1. cpb
    513 Posts.
    Cant believe people are selling this below cash backing, $150 million @ end of October , earning good safe interest and still making money from oil albeit at a slower pace , I reckon they are accuring at these prices close to 1 cent a month in cash , in some ways its better than money in the bank. As long as the directors dont do something daft, a capital return to shareholders should be a thought the longer this crap market continues
 
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