MEL 0.00% 0.3¢ metgasco ltd

20million reasons, page-12

  1. 926 Posts.
    probably just a boring asset transfer.

    Transfer from short term catalyst entity to long term bottom draw entity.

    ha!

    What we need is Santos to buy on market!!

    Come on bidding war!!

    We are a sitting duck.

    If we go for some lame price, i'll be annoyed with management. Management didn't have to pull their heads in and assume we will remain all alone and isolated when sitting on so much gas.

    We could have bluffed the market and said "Oh, sure bring on the regulations - we have plenty of gas not around the 2km zone"

    Kept the price high enough to make any predators pay more money for us.

    The Greenies have won nothing. All they have done is forced down our price and hurt the Aussie battlers. They will lose the war and look stupid.
 
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