PPP 0.00% 3.7¢ pan pacific petroleum nl

tui news.........and its all good, page-20

  1. 480 Posts.
    I can't agree Dargie. If you can't compare share prices what can you compare? Your statement is simply assertion, based on your belief that NZO's other projects are superior to TUI. That may one day prove to be the case, and if so, NZO may well leave PPP in the dust. But equally, it may prove not to be the case. PPP has outperformed NZO over in the time frames I specified, and they are running roughly neck and neck over a five year period, both up some 700%.
    I think there are two valid reasons to prefer PPP to NZO at this stage. One is the recent share price outperformance of PPP vis a vis NZO. The trend may well be your enemy, but it is my friend. The second reason is the takeover speculation. Even if that remains only speculation, it is likely to promote PPP's outperformance.
 
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