SSN
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0.00% 1.5¢ samson oil & gas limited

Hi, The changing of ADR ratio is a cryptic clue about raising...

  1. chand
    3,545 Posts.
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    25/03/15
    09:21
    Post #: 14974355
    Hi,

    The changing of ADR ratio is a cryptic clue about raising money on the USA side. No one will touch a 15 to 17 cent stock but hey if it is $1.50 stock then they can raisemoney say at $1.00 an ADR. Company seems to be in a tight corner and most probably will need to raise money to meet its loan conditions
    SSN Price at posting: 1.2¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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