PPP 0.00% 3.7¢ pan pacific petroleum nl

rising price and volume on nzx, page-7

  1. 13,011 Posts.
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    boysy1: I hold neither NZO nor PPP (sold out of PPP a while ago).
    But I do think that NZO's move was a clever one, i.e. they have kind of a "blocking" stake in PPP. IF a big player comes along to buy up PPP, then NZO at least makes ample money. Otherwise, they "kind of control" PPP. At least that is the way I see it. NO need for NZO at this point in time to make a full take-over...
    And PPP has - again IMHO - no management/no intention to really do something productive with their money. Hence, nothing will really change for some time.
    Of course, I could be completely wrong !
    wasa
 
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Currently unlisted public company.

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