SSN 0.00% 1.5¢ samson oil & gas limited

why we only 1c above cash in bank?

  1. 1,149 Posts.
    What is the deal with the pull back of late... we just banked a huge sum just a month ago- more than expected to be approx 5c ps by my calculations.

    Yet we have producing oil wells and huge opportunities and royalties to come. Investors only giving approx. 1.5c for all these land, oil, etc assets...

    What is going on... why is this Coy not well above 10c by now. Amazing.

    Seems to be stuck in the low 6s... load up time I suspect for those who know the fundamentals.

    Without the cash received would this Coy be trading at only 1-1.5c with Gene producing, oil land, etc... surely not.

    Cheers Jay
 
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