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1.1¢ freedom oil and gas ltd

Ann: Maverick Shareholder Letter, page-6

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Wise_One

17,550 Posts.

1357

08/07/14

11:25

Post #: 13626837
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Originally posted by Paul100 ↑

Bluegoose
So it's now $1.33 down to 19 cents and you infer I am the idiot.

My post was just a statement of fact. Not dis imilar to what I have posted for 2 years. It's not a down ramp when its true.

And now that it's fallen sub 20 cents I would not be selling as all the bad new is out of the way except for the massive write-down in the accounts for the massive understatement of amortisation over the last few years which enabled them to report profits when they really made losses. This is a non cash item but it will still "stink"

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Can't believe this... I feel sick - I recently doubled down & genuinely thought Yeager would turn the ship around.

with all these appointments, cash burn would also be through the roof - I feel fooled

FDM Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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