I do not think someone has any idea about bad news as we have seen some big buys and not many big sells , this is rather small investors closing positions and taking the share down ,and PTR is nog going to bust , no way with assets they have got , just my view .
Would tend to agree with you. I just cannot fathom this share. Can only assume taking it (the SP) at face value that we have bad news on the way and someone has been filtering out in advance. I'm not selling though as I think that would be silly now. This ain't going bust and its worth a great deal more than this for what is in the ground so I'm sitting tight and riding out the storm for better days lol.
I own both these and BUMI,so dont get me started,I remember the heddy days of people saying 10p by xmas! Well I'm still here,I'd be happy now wth 6/7p by NEXT xmas,Ive give up watching what PTR are upto and just pray within another 12months I can get out with my shirt still on my back,I've got alot more faith in BUMI,OK the shares are suspended but the fundermentals are there,its Indo,its par for the course there,backhanders and all that,anyway GLA.
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