Painted Pony Pete Ltd PDPYF

I think PPY price is stuck down here because

[Roberto8024]

For whatever the reason is there is no desire to pay premiums for the future.  On a price to cashflow basis PPY is almost 10x where LEG for example is 3.2x.  I own a pile of shares so I am not bashing I am just saying the market does not want to price in any potential.  Maybe once all the LNG infrastructure is in place and a year away from export there will be a return to the low teens with the expectation someone may buy PPY just as the hype was built in 2 years ago..