PSA 0.00% 2.1¢ petsec energy limited

yes very good move by PSA mgmt have been hoping they would exit...

  1. 13,100 Posts.
    lightbulb Created with Sketch. 1886
    yes very good move by PSA mgmt have been hoping they would exit china for along time just wasn't a good fit IMHO going forward costs wise/returns risk etc
    Is why I brought back in last week PSA a much better company, today I read the resent PSA presentation 15.5BCF 2p reserves more cash than market cap..priceless

    moving into shale oil/gas plays a smart move with much market interest in the sector I see STX now talking up moving into shale


    A 10% buyback would not be a stupid idea at these levels either..

 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.