SSN samson oil & gas limited

Ann: June 2015 Quarterly Report and Appendix 5B, page-3

  1. 1,144 Posts.
    lightbulb Created with Sketch. 212
    All good reading until you get to the estimated expenditure for the next quarter - $1.4 million on administration. That equates to 50% of gross revenue.

    I reiterate my numerous previous posts that this company appears to be nothing more than a cash cow for a select number of board members. The sp will never recover while most of the revenue finds its way into the pockets of a few.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.