PPP 0.00% 3.7¢ pan pacific petroleum nl

Price rising against sector trend

  1. 3,800 Posts.
    PPP has risen steadily over the past few days as someone has specked up some stock on low volume.

    Today bigger volume and the buying has become more urgent.

    something in the wind? volumes still low but nevertheless a rising price for an oilspec is somewhat unusual at the moment.

    this stock will be much higher in the 3rd quarter when up to 6 wells are drilled in highly prospective carnarvon basin locations. PPP has 23% of the permits. a hnady position to have. They are nicely cashed up as well.

    acturtle
 
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