SSN 0.00% 1.5¢ samson oil & gas limited

top 20 - july 15, page-9

  1. 265 Posts.
    Thanks for the info Ell.

    Just a friendly word of warning with interpreting the selling down of some in the top 20 shareholders though.

    I had to unload a few thousand dollars worth of stock since May and will have to sell another 10,000 dollars within the next 2 months.

    Would appear to the nieve observer that I have lost confidence in the company but the reality is that some expenses come due and one of the purposes of my investment in SSN was to grow the money during the interim until the debts have to be paid.

    I/We have been very fortunate in the last year and a half and this company has treated us well.

    Although it is a kick in the back side when I have to sell some of the shares, the reality is bills come due and have to be paid.

    If those funds have grown some 100%+ from the start of the investment to the selling of that security, it is hard for me to complain.

    Good luck to all and appreciate everyone's opinions and insight.

    Let's see what Terry says at the Enercom conference on Monday (Tuesday morning in Aussie Land). I'll be listening.
    STS
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.