I am aware that this week several CFD providers adjusted their rates. For one in Saxo who use both the DMA model and also market maker they reduced Psa from 20% to 100%. They would not have had a lot of Psa but perhaps explains this silliness.
Nothing has changed on psa as Peter has said above.
1. At todays au/us the cash on hand is AU$ 28m (before buyback and cancellation)
2. Cap is $21m
3.NG has risen in the last month to US $4.41 and Oil is $97.50.So on production they are averaging today at greater than US$5 due to condensate etc.
4.They will do a deal and they have Hummer which is a vg exploration asset close to MP.
5.Psa gave the shareholders an opportunity to leave at 9.4 and very few took this up.
2014 will be a much better year
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