PSA 2.70% 3.8¢ petsec energy limited

gas prices up, page-4

  1. 3,353 Posts.
    I think a farm in to Vermillion would be beyond FAR's reach financially.

    Also I would be surprised if PSA tried to takeover other companies. Why change their very successful formula that they have at present.

    Re gas prices, I too see they are continuing to remain above $5. Anything past $5 continues to be very profitable for PSA. I still think supplies are being rebuilt up after being severely depleted over winter and users are more wary of getting in now rather than later. Remember there will be a lot of air con to run in the Southern USA, and this really sucks through the power.

    On the sell side, there seems to be a dearth of sellers. These shares can be easily coaxed into a spike with a flood of sellers. Fundamentally I think they are easily worth $1
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