SSN 0.00% 1.5¢ samson oil & gas limited

Who's CM and what was the brief? Don't mistake a worthwhile...

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    Who's CM and what was the brief?

    Don't mistake a worthwhile (personal) relationship with value generating for shareholders (Nick Curtis anyone).

    I think all E&P are undervalued .... when judging by the former set of fundamentals. Currently we are having a reset ... the (many) debtors want their money back on bonds/loans as they mature and the bankers are being forced to be more stringent on LTV and their price decks (check EOX for their BB redetermination and subsequent shortfall).

    Monday 15th is President's day in USA ... most of finance industry has this as a holiday (stock market & gov't closed). Don't think most business are closed. This tells me that SSN would know what their position is wrt finance etc as MOB would be closed on Monday. Wonder if it's a weekend of wheeling and dealing or a done deal.

    Side note ... Robert Mead filed his SC 13G/A (filing of beneficial ownership). He is still at the same 7.83% ownership as of Dec 31, 2015 as he was at Dec 31, 2014.
 
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