SSN 0.00% 1.5¢ samson oil & gas limited

Posting resumes on SSN, page-57

  1. 8,720 Posts.
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    Hi alacrity, I think normal practice (or ASX rules?) are that the company has to report the RI take-up once the subscription has been closed, so I expect an announcement in the next day or so. The compny does have (I think) 3 months now to pursue insto investment. It will be interesting to see what the % take-up of the RI, but as far as I'm concerned its more important to see what the company can deliver in terms of insto support.

    A brief comment on last week's operational update - sidetracks do happen so not concerned at this stage. But having happened once there will be some pressure now that there isnt another hiccup for a while, otherwise questions will be raised about operational performance again...

    Btw I've been a bit quiet on SSN psoting for 3 reasons:

    1. Not much happening atm

    2. Given the "limbo" status SSN is in I find it better mentally to deal with by compartmentalise it mentally and put it "back of mind" for a while, while I focus on other stocks

    3. I get a wry smile from reading you post with yourself...

    Cheers, Sharks.
 
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