PPP pan pacific petroleum nl

Boysy,Not at all. Nothing wrong with a company with a cash horde...

  1. 14,176 Posts.
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    Boysy,

    Not at all.

    Nothing wrong with a company with a cash horde buying a slice of an asset they know well at a bargain price to onsell at a profit at a later date.

    I really do prefer to see companies with loads of surplus cash put it to work, as NZO has done, and I along with most NZO holders will apluad them for the PPP investment if they do cash out.

    EL
 
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