PSA
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0.00% 2.1¢ petsec energy limited

using equity .. extremely good move

  1. greenleaf
    3,671 Posts.
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    11/10/07
    12:06
    Post #: 2883741
    Congratulations PSA. Previously debt free, carrying out exploration. Today signed to buy producing oil and gas fields, all on credit, which not only diversifies their risks but also using equity in a bouyant energy market. In three years (?) debt will be mostly repaid. Extremely good Move
    PSA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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