PSA 0.00% 2.1¢ petsec energy limited

closes up another 5 cents....

  1. 1,317 Posts.
    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.
 
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