Apart from COE, they are all mid-sized oilers by Australian standards ... too big to be juniors, who can triple in price on a hit, and too small to be on the horizon of institutional investors.
They all have a "technical" focus - none of them try to grow by acquisition, and all of them just drill wells and make money.
You've just got to have the courage of your convictions - that these are essentially good, undervalued companies which the market will eventually recognise.
Ian Whitchurch
PSA Price at posting:
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