Pan Pacific Petroleum Nl (PPP)

[ziggy415]

Mine was from the multiple crossings done on ASX on 29 August. Strange why the shares were sold/transferred like that - 73m shares were done that day on market.

But SSH notice today shows :

Zeta Energy Pte. Ltd. 29 August 2014 AU$3,794,298.72 63,238,312 shares
Zeta Energy Pte. Ltd. 01 September 2014 Acquired from its ASX Listed holding company Zeta Resources Limited
AU$2,526,200.83 27,990,101 shares

So Zeta Energy Pte Ltd bought at 6 cents and then do a transfer from Zeta Resources Ltd at 9 cents on Monday for the shares they had already acquired (ouch!).

But hi, they just booked a 50% profit on the PPP shares they bought off the directors! Geniuses at play!

shall we try the same game Balance....i,ll sell sayyyyy 7000 to you @10cents an you sell em to digger @12 cents...everybody wins....almost

[Hawkeye]

So PPP is in a death roll? or do you think it will eventually recover?

[Balance]

No wonder they're registered in Bermuda.

Big, huge, massuve red warning flags going up all over the place...

And over in Nogger/Nodder land, director Finlay just got rid of his 1m shares at 78 cents.

[Corporate]

So now zeta have significant stakes in NZOG, PPP and CUE. I'd like to see a merger of all three. Unlikely though.

[Billy Boy]

So now zeta have significant stakes in NZOG, PPP and CUE. I'd like to see a merger of all three. Unlikely though.

.
Not so unlikely.....!!!
Time will tell.
BB

[Taijon]

Anyone out there remotely interested in this company? AGM was today but no Chairman or CEO speeches have appeared on the ASX. Mind you now there are only 3 Directors and one of the company secretaries has departed I guess they haven't got time to keep shareholders informed about whether they will be solvent for a few more months.

If anyone went to the AGM it would be great to get a bit of news if you have time.
Thanks

[freddagg]

Anyone out there remotely interested in this company? AGM was today but no Chairman or CEO speeches have appeared on the ASX. Mind you now there are only 3 Directors and one of the company secretaries has departed I guess they haven't got time to keep shareholders informed about whether they will be solvent for a few more months.

If anyone went to the AGM it would be great to get a bit of news if you have time.
Thanks

It was on NZX at 1.50 pm

[freddagg]

I see what you mean, just went to read the info, there was none

[Billy Boy]

What's going on here...
PPP slowly moving up and a big gap between Buy & Sell this mornin g
Not much on the sellers side, and the big boys getting in ??
Maybe NOG ready to do a take over
BB

[tim23]

Big crossing Friday reckon nzo will make a play for ppp also why not makes sense