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The death spiral finance has halved the SP here. Sanderson and Co. have no drive or ambition and refuse to talk to shareholders. I am beginning to think even the fat Ozzy Lenigas would be an improvement as CEO and that would be really scraping the bottom of the barrel as far as replacement CEO's are concerned.
Was always eager to reinvest here. Not anymore. Will wait to see what's happening to the Serenity albatross, the Canada drilling programme (its nearly November) and they up their game/timeliness reporting to the market.
1st Support Level 0.030
2nd Support Level 0.028
3rd Support Level 0.026
Constant selling @ 0.029 weakening support. Looking like it will eventually be breached, maybe before end of play Friday?
Certainly wouldn't want to be in this for the weekend...🫣
By TOM WINNIFRITH
Late in the day Pennpetro (PPP), the latest worthless ramp of Mr David Lenigas finally published its annual report on its website having lied earlier in the day saying it was already up. I asked yesterday what it was hiding HERE. Well now we know.