PSA 0.00% 2.1¢ petsec energy limited

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  1. 3,353 Posts.
    re: atomep Personally I don't mind if they do not pay a dividend, esp while they are mopping up their US tax losses as well, but the market concern is what they do with the money in the meantime.

    The accumulation power of their cashflow needs to be shown to the market before their price will be re-rated. Also some news on Main Pass would be nice. I suspect it will all come out in one go at qrtly report time.

    One thing you need to get used to here is that you only get a decent update once a qtr. It's a pain I know, but as long as the news is not bad, well we have to suffer.

    Also, the 'peak season' for gas is winter as far as I am aware. Would love to be wrong and see summer prices fly though.
 
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