PCL 0.00% 1.5¢ pancontinental energy nl

Perfect storm, page-147

  1. 1,709 Posts.
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    Always makes me laugh seeing people be hugely optimistic and then in a short amount of time sh*t bricks...
    All normal trading from my point of view. Sell down has been on limited volume, a great opportunity to push prices down when perceived timelines are dragging. Usually done to exploit such weaknesses of conviction or a symptom of.
    Directors own around 10% of the company? They know what they're doing, no frivolous raises for the sake of feathering their own nest either, happy to run on the smell of an oily rag. They run a tight ship, so the silence is no issue for me.
    All will change pretty quickly come announcement of farm-in, with more than likely a decent cash component.
 
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