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1.5¢ samson oil & gas limited

Ann: Voluntary Suspension, page-56

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cmonaussie

11,013 Posts.

3686

16/05/18

11:55

Post #: 33130693
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Originally posted by dr.kris ↑

perfect storm brewing, i bet we're all very happy now that assets werent sold a few months back
even if this company was liquidated tomorrow i conservatively estimate we'd still get 1.2c/share which would give 3bags...dunno how high others bought but the longer we hold on the better the picture gets, value of assets going up by the day...lets hope all negotiations are on hold and all bets are off for now, potentially an extra 50% to the value of our assets in the near term
a few factors at work here trumpy, venezuela, saudia arabia and texas pipelines

https://oilprice.com/Energy/Energy-General/ConocoPhillips-Moves-To-Seize-Venezuelan-Oil-Assets.html
https://oilprice.com/Energy/Crude-Oil/OPEC-Lifts-Oil-Demand-Forecast-Amid-Rising-Prices.html
https://qz.com/1275211/all-the-reasons-crude-oil-might-go-back-to-100-a-barrel/

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Great timing for your post ... still sticking with it?

SSN Price at posting: 0.2¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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