SSN 0.00% 1.5¢ samson oil & gas limited

reasons for sp drop, page-2

  1. 6,591 Posts.
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    Steini, you raise some good points. What worries me is that 'takeover' point because I'm in this for the long haul (upside of 18 months) and don't want to see a company run over the top of Samson's potential with a low ball bid while the share price is so low.

    Hypothetically they could throw out a $150M-$180M takeover and clean up the company for maybe even less than 10cents per share. No-body wants to see this unless you are looking for short term overnight gains.

    Does anyone else out there reckon a takeover could be comeing? Let's face it, no-one wants to discuss it, but it really could be a reality given how cheap the company is right now with respect to what their acreage could possess?
 
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