Pan Pacific Petroleum Nl (PPP)

**CAM** · 05-05-2009, 12:01 PM

Yeah i got a letter in the mail for bank account details etc etc and it states
"Eligible shareholders will be those registered at the close of business on 6 May 2009"

Maybe those on the aussie register sell theirs at the start of this week and rebuy on the NZ register so you get 2 divis????.

**boysy** · 06-05-2009, 08:05 PM

what is with the wierd numbers on asb securities there are no bids or offers any idea why this happens ?

**Bob Marley** · 06-05-2009, 08:12 PM

Boysy - ASB Sec clear the screen depth at the end of the divi record date day.

**the machine** · 06-05-2009, 10:20 PM

Originally Posted by CAM

Yeah i got a letter in the mail for bank account details etc etc and it states
"Eligible shareholders will be those registered at the close of business on 6 May 2009"

Maybe those on the aussie register sell theirs at the start of this week and rebuy on the NZ register so you get 2 divis????.

think you will find exchanges are wised up to this.

M

**the machine** · 06-05-2009, 10:43 PM

hey digger, we sold another 60,000 ppp at .33 au yesterday [ex div] and reinvested into kasbah - now own 1% of kasbah [= joc inferred 570t of tin for starters]

my profit from ppp is 200 - 300% less time / holding costs etc including some for free back in the 80s when ppp had a free 1/10 issue.

still have 80,000 ppp and they will have to do.

reason for changing investment is that to make some decent money then one has to have a decent amount of shares and have selected kasbah as the stock.

sure ppp could be over $1.00 by xmas, but kasbah could be that as well.

M

**Sharp737** · 07-05-2009, 10:24 PM

Hi Machine
Tin and gold in Morroco?
You think it's got a good future? Seems still in the early stages
Regards
Sharp

**the machine** · 07-05-2009, 10:47 PM

Originally Posted by Sharp737

Hi Machine
Tin and gold in Morroco?
You think it's got a good future? Seems still in the early stages
Regards
Sharp

if they are half as successful as ppp then it will be very good.

anyway enough of distant lands - nz is where ppp making lots of moolah and look forward to my dividends by june 30.

with tapis price creeping up then it bodes well for income in next period

ppp should top 900,000 barrels production for the year and awe will have a reserve upgrade by june 30.

as the tui h4 was deferred until can batch development drill [2011?] then next years production will be maybe 6m barrels

M

**patrick** · 08-05-2009, 07:51 AM

Will the Australian Registry pay the dividend to a NZ Bank account?
Thanks

**macduffy** · 08-05-2009, 08:15 AM

Originally Posted by patrick

Will the Australian Registry pay the dividend to a NZ Bank account?
Thanks

My forms arrived in the post yesterday.

It's clear that they will only pay direct to accounts with Australian banks, credit unions and building societies which is the usual case with Aussie registries.