PSA 0.00% 2.1¢ petsec energy limited

question for sellers, page-14

  1. 10,555 Posts.
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    Anne,
    There are two fundamental things weighing on this stock at the moment IMO:
    1) Whether or not China will be developed is obviously the most important,and
    2) The profit for the current half year IMO will be around $8mil compared to $16mil for the same half last year.
    I have the full year profit for 2004 at $23mil which is the same as 2003 but there'll be some people that will be focusing on the half year comparison and be thinking that they can get the stock cheaper once all shareholders become aware of these figures.
 
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