PPP pan pacific petroleum nl
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takeover rats deserting the ship?

  1. boxhillnorth
    1,593 Posts.
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    24/02/09
    12:55
    Post #: 4831914
    Looks like some of the takeover rats are tiring of waiting for the NZO bid.

    Now 29c share price v cash of 26c. Good but not the outstanding value it was at 19c.

    Looking to re-enter on 2 possibilities;

    1. PPP tanks to low 20s

    2. NZO bids and tanks to the low 80s (happy to end up with NZO at those levels as it will be a bigger version of PPP when it was in the sub 20c level).

    PPP Price at posting: 29.0¢ Sentiment: ST Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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