PSA 6.90% 6.2¢ petsec energy limited

Why the strengthening?

  1. 1,317 Posts.
    PSA has moved up some 20% in the last week and looks like going higher today. Anyone have any thoughts? Don't say Rene R has been recommending them again!!! PSA due to begin receiving this quarter first revenues from some Gulf of Mexico interests and to begin drilling two new wells. But no news on the website or anywhere else as far as I can see. Don't mind the strengthening as I hold but it would be nice to know why. JBC
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