PGS 0.00% 0.0¢ planet gas limited

Because five years ago PGS was 21 cents each and NOW ? i could...

  1. 707 Posts.
    Because five years ago PGS was 21 cents each and NOW ?
    i could not understand why NCH as corner stone holder of 20% has not done anything about it since and just let the whole CO sliding to where it is now.
    With the same old teams the only hope for us shareholders are for Origin energy to take over us maybe 20 cents a share after they discover huge oil reserve.
    if the drilling come to nothing then we will be down the drain.
    origin will spend $80M to earn 40% while Pgs has the free carried of 10%.
    therefore as it stands Pgs 10% worth $20M in comparison !
    At less than 2 cents each I think it is a good bet. I think NHC paid 9.5 cents each for their 20% stakes ?
    It maybe worth the patience !
    and yes I agree ! Sack the lots !
 
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