Australian (ASX) Stock Market Forum

PPP - Pan Pacific Petroleum

Just announced a 5c per share capital return.
Not bad for a share that's been tradiing at 12c! Which is below it's cash in bank value.
It also makes money!!
Up 2.5c per share so far!
 
Just announced a 5c per share capital return.
Not bad for a share that's been tradiing at 12c! Which is below it's cash in bank value.
It also makes money!!
Up 2.5c per share so far!

The latest annual report says it made a loss of $4.6m.:confused:
 
On November 21st, 2017, Pan Pacific Petroleum NL (PPP) was removed from the ASX's official list in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement pursuant to which Zeta Resources Limited acquired all of the ordinary shares in the Company.
 
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