OIP 0.00% 4.3¢ orion petroleum limited

oip shareholders beware, page-22

  1. 16,292 Posts.
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    TP

    I understood the "you are a joke" and "wake up you morons" parts of your reply ... but I have no idae what you meant by the rest!

    "of course, i hold GGX and want OIP to trade at a multiple of 3 or 4 times NTA!"

    Are you saying that because you are a shareholder (in both) and that you think OIP has been mis-managed otherwise it would be trading at a much higher price ... and therefore so would GGX via the merger ratio? How on earth could OIP trade at 3-4 times NTA (= cash I assume) unless it had discovered something and had therefore reserves or the likelihood of reserves near-term?

    "I didn't see you at the shareholders meeting for OIP asking why OIP shares weren't trading at the same multiple as GGX shares"

    What shareholders meeting?? Do you mean the one that happened but was adjourned immediately? Are you serious? I WAS at the AGM and voiced my opinion strongly on this mereger .. in fact i asked 90% of the difficult questions. Were you there?????????????

    H


 
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