Exactly Bluegoose, someone wanted to buy these shares... Now look at this buy order at 0.74 for 551,295 units. I hope it's still there on Monday morning.
Also I emailed Andrew Crawford regarding company cash position few days ago as that was my concern and I got this response straight up:
"Good morning Daniel
Let me start by stating that at 30 September 2012 Maverick had over USD 64 million in cash, with cash received from oil sales in the September 2012 quarter totalling USD 3.8 million. These facts address your third question in that there is no concern regarding the company’s ability to funds its operational and drilling programs".
So I suggest if anyone has got some questions or doubts ask company CEO instead speculate here!
It will come back next year - some people do not understand or do not want to understand that it takes time to increase oil production.
10m shares dumped after close, page-4
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)