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Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.


TSX:PXT - Post by User

Parex Resources Inc
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Post by CrazyTraderon Dec 09, 2024 2:59pm
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Post# 36353254

Changed my mind, no longer plan to "average up", I establish

Changed my mind, no longer plan to "average up", I establishposition I wanted in PXT long ago around $12.   Now my cost on those shares $11.615 because of dividend.   My cost will drop to $11.23 next dividend.... and so on.   

I did buy a little more recently at $15.   Cost on those now $14.615.    

I think PXT is crazy undervalued but I could be wrong, I better not "average up" I have way too much already.   

More share for all of you..... but it seems buying shares no problem with PXT.   Company buying back like crazy but the selling continues.   


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