FDM 0.00% 1.1¢ freedom oil and gas ltd

$2.75 price target / 100% above current price, page-26

  1. 240 Posts.
    Tui, do you think that British Gas sold out of Senex due to being dissatisfied with the operations of Senex?

    In my opinion; escrowed shares imply some sort of confidence in the company. People who think that these shares will be sold off immediately in a way to make a quick profit, are completely going against the fundamentals of trading in the first place. Isn't it true the basis of trading is buy low and sell high?

    I am not tying to ramp, but there are many factors which will affect MAD's share price in a positive way in the coming months, as explained in the quarterly report. I would not be surprised if part profit was taken however, as one poster said that capital protection is number one. But as many posters believe the current price is considered low in terms of future prospects, a sold down price would make the stock even more attractive than it currently is.
 
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Currently unlisted public company.

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