IPM incremental petroleum limited

re: could be something going on here , page-17

  1. 13,963 Posts.
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    re: dissapointing for short term Peter,

    Buying interest back to as bad as ever. Some foolish people jumping in on half reading announcement.

    Seems to me the fundamentals are sound, even short term.

    Suspect however sp will flounder either until they come out with a new project (unlikely imo until Selmo performing better), production substantially up (mid 2007 at earliest), or sector sentiment returns.

    My strategy will be to hold and patiently wait, hopefully picking up a few more towards the end of the sp lull.

    EL
 
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