Hi Rigi,
Sorry Mate ,but I agree whith Mr.Padley & your Mother, as someone who held quite a few shares in this company because of their J/V with Statoil I decided to cut my involvement once Statoil decided to quit. For reasons that you have already stated in your previous posts with which I absolutely agree, I just did not see a future especially with the consolidation of 1 share for every 20 held(if this actually proceeds) which as you say is needed prior to a possible CR.
I any case I also can not see how they could possibly raise further funds at this time with most of the Spec O&G shares being hammered, given the present performance of this company.
Some of my funds have now been invested in Far,Cvn and Pvd because of their achievements and management.
Good Luck Klaas D.Y.O.R
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