PSA 0.00% 2.1¢ petsec energy limited

acturtle: "PSA to me is a classic stock wherethe positive...

  1. 500 Posts.
    acturtle: "PSA to me is a classic stock where
    the positive fundamentals keep building and building whilst Mr Market gives
    nothing. Unfortunately PSA tends to target small exploration targets so there is
    no single large step change in underlying assets that typically comes with a
    large discovery. PSA is gaining wealth by stealth"


    bit of recent buying of ADR's in USa

    As for finding bigger targets Petsec's history suggest they do have the expertise & more importantly, now the cash to pick very likley targets such as their 50% share in the onshore Moonshine prospect
 
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Currently unlisted public company.

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