SSN 0.00% 1.5¢ samson oil & gas limited

ssn and the immediate future potential , page-14

  1. 3,522 Posts.
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    I will put my 7 cents worth into this discussion. what the company should do (imo) is buy back some shares? it will be a double whammy for all that hold! by the time the moneys available, the shares will be around 5/7 cents? They buy approximately 25% i( half billion) n a buy back at say .07 cents. that will be 35 mill, still plenty left to drill or what-ever they need it for! Tf my maths is close, that alone should rerate the company to .10-.11 cents. so a buy back should see a 25-30% increase minimum to all holders.
    just my thoughts
    Dr
 
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