You might want to reconsider your post my friend because it it patently factually incorrect. You totally exclude the capital raised during ownership & expended (squandered?) on the assets. Combine what they purchased the Blackspur assets (cheap) and the Montney assets either severally or jointly for and THEN the additional capital raised from shareholders since ownership and subsequently squandered and they've lost an immense amount of shareholder capital. There has been a comprehensive loss, not a profit. It's been nothing short of a disaster for the majority of shareholders...especially those that have held over the mid-long term. The Board have done well because they pay themselves generously (close to double that would be considered 'fair' on comps) irrespective of shareholder returns. Traders could well have done ok I'll concede but to give plaudits to management for business performance? Umm no, I don't think so
- Forums
- ASX - By Stock
- CE1
- Ann: Cash Sale of Blackspur Oil Corp for A$83.3M
Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-36
-
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CE1 (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.700M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CE1 (ASX) Chart |
Day chart unavailable