PYM pryme energy limited

turner and raven, page-3

  1. 2,988 Posts.
    We know PYM has a great future. I'm mainly in options so I need major price action to make them worthwhile.

    While I expect that PYM will do very well in the long term, we are suffering the aftermath of the GDN fallout - all companies drilling for gas in the USA - many in much better areas - are being sold off due to the very bitter taste in the mouth from the GDN debacle.

    FPOs Options
    35c 12c
    40c 14c
    45c 16c
    50c 19c
    55c 22c
    60c 26c
    65c 30c
    70c 34c
    75c 38c

    As you can see I need about a doubling of heads price to get a decent options return. I'm not going to try to sell options at 11c though (which is the highest bidder, and even then only for a few shares).

    Lets hope they bring home the bacon by May 2008.
 
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