Post by
DudeRancher1953 on Jan 18, 2022 10:55am
Price up on good volume
Did I miss some good news?
Comment by
DudeRancher1953 on Jan 25, 2022 2:52pm
Thanks. Much appreciated. However this looks rather negative with: "Gallagher said he was focused on selling down its enlarged stake in the PNG LNG project in Papua New Guinea."...or am I missing something?
Comment by
auburn2 on Jan 25, 2022 3:28pm
What's negative about that?
Comment by
DudeRancher1953 on Jan 26, 2022 3:40pm
Well if the PNG LNG project was so good, why would he want to sell down his investment?
Comment by
JonathanJSmith on Jan 27, 2022 10:16am
..."it's 'enlarged' stake". I presume this is standard diversification going on. After thier Oil Search purchase they are exposed more than they wish to be at this time. I'm not too worried either. Cheers, JJ