RE: Trades25 Nov 2020 11:42
Sad that we've had a serious oil price rally recently and not only has this not gone up, it has actually gone down.
Of course I'm disappointed but not surprised, alas.. however the fundamentals are fairly strong here now and getting stronger as we go and so in time this will s/p will likely come good.. maybe not as much as, on average, people here are hoping for but A LOT better than 1.5p for eg.
No point blaming Peter Levine too much - accepting, per plenty I've previously written on this BB , I seriously dislike the guys personality from my distant perspective, of course - as this company would have gone bankrupt without him pumping shed loads of his money into it to make up for many years of abject performance - granted plenty of that money has been spent badly - and he is clearly turning this around by increment.
Unfortunately too many II's have wanted out of this share around the same time - for different reasons, I expect but Peter Levine's personality/actions fairly high on the list too, I'd guess - and hence we are where we are.
But hope springs eternal : December 2020 and especially Q1/Q2 2021 will be a good period for ppc's share price performance imho