Mrkr as Border Controller when's the sell in May and Go away crowd coming back. This thread getting smaller
A RESOURCE STOCK WITH NO DEBT IS ONE TO WATCH
Sydney - Friday - June 3: (RWE Aust Business News)
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SAMSON OIL & GAS (SSN), which has just repaid its debt facility that once stood at $US21 million, is certainly worth another examination.
The company's shares are trading quite low at 13.5c, though one concern is the size of its $1.7 billion capital.
Samson no longer has any debt on its balance sheet, and its current cash balance is about US$61.2 million.
Samson holds its cash and cash equivalents in three US dollar denominated bank accounts ($54.8 million) and one Australian dollar denominated account ($6 million).
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