But that is how the market works. Been going down for a year and a half to way below cash in the bank and no one would touch the company,then all of a sudden the worm turns.
Most likely something is up. Could be NZO going to increase stake on the back of Priemer about to release development plans or maybe the market has just let the SP go down too far and some smart individual invester has worked it out. Just from my thinking i have wondered if Petro Veitnam itself would know PPP is hughly undervalued and they could be making a stake.
Since i have been in the market [1984] i can not remember a company undervalued this much below cash in the bank.The every crasy market in action.