Considering that the ANZ subsidiary bought a large parcel of...

Considering that the ANZ subsidiary bought a large parcel of their holdings only a few days before the yearly report was released, only to see their investment drop about 20% in a week, i'm tipping they don't know something we don't.

For those following the news, unfortunately the Chevron Gorgon development got delayed by at least 6 months due to West Australian government red tape recently. Another significant delay in a project PCG are relying on for work = very frustrating. There's nothing management can do beyond what they're already doing but all these project delays are going to be a drag on profits in the future.

AGM being held in Perth this Friday will hopefully provide some much-needed positive newsflow.