SSN 0.00% 1.5¢ samson oil & gas limited

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

  1. 1,089 Posts.
    lightbulb Created with Sketch. 172
    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.
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

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