Like this play from FPL. There are other American oil co's going bust. meanwhile FPL has completely swapped out the board. out with the old, in with the new. That loan overhang is gone. New money coming in from Aussie high net worths. All in the middle of Corona.
Will be a good time to pick up an asset (or ten). I'm sure there is plenty oil assets in America right now which will literally be given away.
Considering tiny market cap, cash in the bank, searching for assets. I'm happy to hold and see who invested into the cap raise and what the first asset will be
Ann: Successful placement and debt conversion, page-98
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Mkt cap ! $5.825M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 118597896 | 67 |
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