BAS
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3.80% 7.6¢ bass oil limited

I'm not totally familiar on capital raises but I've been apart...

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  1. xXmlghillyXx
    626 Posts.
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    03/08/21
    16:27
    Post #: 54998963
    I'm not totally familiar on capital raises but I've been apart of one before when CAD consolidated back in 2019 if i remember correctly. I'm confident it wont happen here for a while or to that extent given that the board currently owns around 500 millions shares ish but you never know what could happen.

    Yes people keep forgetting the constant pump failures that keep occurring. Also to that the life of some of the pumps are due to run out around 2025.Thats a far as i remember from one of the anns that i read a few yrs ago from Bass so my memory might not be 100% accurate. Its in one of the anns from ages ago

    I hate the pessimistic view on it all but this is just the reality of it. Lets just wait and see this one out
    BAS Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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