SSN 0.00% 1.5¢ samson oil & gas limited

announcement, page-22

  1. 265 Posts.
    Certainly respect your opinion and comments GasHunter. I was kinda glad however that Terry reported today.

    Overall effect on our SP will be minimal if any but nice to know that the fraccing is officially over and that we are making progress.

    After fishing material out of Earl, delays on Rodney, sand plugs in Gene and I am probably leaving some other problems out, it was nice to know that we are at the flow back stage.

    Maybe just coincidence but bid was 10.5 and ask 11 when news came out. We've been holding at 11 and 11.5 since. It will be interesting to see if we have an increase in volume the final hour tonight.

    There was a question on ADR voting rights. FatPizza is correct in that ADR holders are not legally shareholders. However as mentioned in the last end of year report (the huge 90 page report). ADR holders have been allowed in the past to vote on shareholder matters and management does not currently see a reason to discontinue this practice even though it could be exercised at any time. I actually voted yes last year before the last AGM in favor of the option rights at 8C. I plan on voting again this year until Terry tells me no:-).
 
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