PPP pan pacific petroleum nl
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trading halt and tui downgrade

  1. dolor
    234 Posts.
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    25/07/11
    09:11
    Post #: 8720249
    Todays announcement from AWE indicates a 20% downgrade in Tui reserves which does not auger well for ppp as this is their only producing field. It is no coincidence that NZO and PPP are placed into a trading halt pending a material announcement. Could this be time for a full takeout of PPP while prospects are so dismal and admin costs so high?
    PPP Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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