The rerating of Petsec continues, perhaps helped along by a positive article in BRW this week. Easily held 70 cents today and closed at 75 cents up 20 cents since the beginning of June. Buy side looked a bit thin at the close but volumes are still small. All this as Henry Hub gas prices come off a tad and aussie dollar heads north. So a pretty good performance all round. PSA must now be pretty close to some serious radar screens so I suspect we haven't seen the end of the current run by a long shot.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held