TEX 0.00% 8.0¢ target energy limited

oil at 101.50, page-10

  1. 568 Posts.
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    You are correct that everything favours an increase in share price, but my opinion only, is we have moved from a specy. co. to a producer and thus investors expect a dividend and the SP will remain in a tight range until more wells are drilled and the likehood of a divi. becomes a reality.
    We need to speed up the drilling programme, waiting months between each drilling is not helping they have money in the bank and earning dollars from almost 300 bopd so I just wish they would get moving and get production up to a point where divi's. do become reality.
 
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Currently unlisted public company.

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