It really is a pathetic offer just stop drilling dusters and return the money to the shareholders! Its worth 7c is on the low side of fair to 9c would be a good deal. IMO.
Just do the sums on oil production through to 2020 less dusters and admin. Its a no brainer!
Too much reward to people who created nothing! Dilute 40% at 2.7c what for? Then cap at 4c every time it gets a head of steam.
What to Do with your shares, page-11
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77.5¢ |
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Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
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