There's been nothing said regarding the 0.4c return; neither confirmation nor withdrawal but yes it's due now but it was subject to the fulfillment of three conditions- none of which have been confirmed so they have a potential 'out' on the payment. My take is by saying nothing they'll hope it 'goes away' and the expectation of receiving it dissipates by offering up to "85%" of the proceeds from the Blackspur assets. If they don't (and I wouldn't expect it now) deliver that 0.4c payment they'd have returned only 62.5% ($7.5M of the $12M received) of the Montney proceeds back to shareholders. Appalling and again another example of managements contemptible treatment for shareholders. Hope I'm wrong. Best wishes
- Forums
- ASX - By Stock
- Ann: Cash Sale of Blackspur Oil Corp for A$83.3M
-
-
- There are more pages in this discussion • 63 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
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.149M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CE1 (ASX) Chart |
Day chart unavailable