Well I have sold my holdings, I believe the oil as I did my research on A - the Asian oil crisis, which put the wells into stand-by mode, and B - the low number of share issued by the company, so the potential of a huge re-rate is extremely high. But after holding for the past three years for nothing has finally made me sell.
Good luck to all holders, this one has a lot of potential. Might come back, but at least Graham won't have to deal with any more phone calls from me.
On a parting note bevter, don't worry about the money left in the kitty, since I have been in this stock Koh has always topped up the coffers when we need the cash.
EOR Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
