NZO 0.00% 39.0¢ new zealand oil & gas limited

Ann: Dividend Details, page-15

  1. 4,759 Posts.
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    I thought they may have purposely engineered the lack of liquidity to get the shares removed off the ASX .
    The major share holder would find it easier to get a successful take over accepted if that happened .
    Maybe the action at CUE that has much of the same BOD as NZO means that they will not go down that path and will make an effort to promote the company and improve liquidity .
    A buy back I think would certainly help .
 
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