TEG - What would you pay?, page-14

They recently did a consolidation 25:1 so yeah....they have issued shed loads of shares in the past and now the party starts again...expect plenty more CR shares to be issued pre-Spudding...just saying

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As far as your post quanyum, yeah I think they will go up which is why I am still here,

0.32 cents ...well maybe....maybe if you keep pumping some DT get onto it....factoring in the 25:1 consolidation that would put the pre-consolidation share price at 0.012 a share, which it did hang around for quite some time back in the day when they were making money in Indonesia, before they started doing stupid s**t ...so yeah that could well be possible.

I also recall it trading around 0.08 cents (or $2.00 in post consolidation terms) back when they backdoored White sands petroleum and first floated as "maverick Drilling international " before becoming Maverick Energy ltd before its current iteration as TEG....so is it possible?

Sure its possible....but NOT probable.

I don't see it back there any time soon, the company burned a lot of insto grade investors by what many consider to be questionable management. Many also feel that their exit from Indo was poorly planned and executed.

They now have to prove they can continue to make a profit from their current portfolio, control expenses and remuneration, and continue to advance the financial standing of the company for all shareholders...

Until then a $1.50-2.00 per share price, implying a company with a market cap of $250,000,000 is just ludicrous given the nature of the company, management history and current assets...assuming no CR's between now and spudding (which lets face it is the absolute best time to pry capital out of thirsty traders looking for a quick buck)