This is unbelievable.To think that the operators of this company could keep trading under the original recoverable oil figures who knows what the new reduction will be.Im a retail trader that can only go on what is presented to me.
I spoke to this company on a regular basis and held onto my shares because nothing was ever inferred that reserves may be down graded.I asked about this on more than one occasion.
I also bought more shares on Yeagers quote of 'DOUBLING PRODUCTION IN TWELVE MONTHS"
Does anyone think I have a legal avenue here.?
Im not sooking, my life is in tatters because of my investement in this company.
FDM Price at posting:
18.0¢ Sentiment: None Disclosure: Held