Occam,
Refreshing to see your reality check.We need someone who is prepared to spend maybe 0.5bill.dollars.Thats a big ask esp.since it takes 3 years maybe of developement time which leaves only maybe 7 years to exploit crux if a deal is done this year and assuming all goes well.Thats a big ask.If its going to happen it will have to be this year.
I posted,I think about 6 months ago,reminding people that it used to be a 2 cent stock and suggested people look at woodside,which didnt go over well.I got into it in 2007 and traded it profitabely.I expected big things and a huge future at that time,but i remember my broker said,dismissively,that it was "a good story".All i could see was the proven massive crux field.Little did i know of what could go wrong.
You mention the phrase "a screaming buy".Whenever I have heard a stock described as such its subsequent performance has been abysmal.Sorry to ramble on.I suppose one good lesson from this is to maintain your cynicism even when you R pitched "a good story".
PS The day may yet be saved,but it will have to be this year.At least there is some income now from LT.Good luck to all holders.
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1 | 36000 | 0.175 |
Price($) | Vol. | No. |
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