FDM 0.00% 1.1¢ freedom oil and gas ltd

jv executed, page-41

  1. 286 Posts.
    mupput, bought in on float, and more after trojan offloaded, because the fund was getting liquidated. Why do you want to know that.

    If someone told me mad would go from 22 cents, with production of 750bod a day, to 9 months later to 1.30, with 500 BOD. I would have laughed at you. How is that possible? Its almost like the stock has been valued like tech stocks where in 1999, that one day mad is going to be pumping alot of oil, just dont know when that day is.

    The duster today is going to really effect the share price going forward. What a stuff to devote all that time on the deep wells? or are managment just smart becuase they bought more time to cover up the issues in the shallow feilds? This is a question that needs to be asked?
 
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