SHE history of wells.
.
1) Open Juwell Well : Investors updated, Well exceeded expectations price went down !!
.
2) Invitation from Brookside to partake of further Working interest in new wells, SHE did not take up these options, seasoned Brookside investors reported that in hindsight this apparently was a good decision from SHE Board of directors.
.
3) Louisiana: unable to get the staff to drill a well and thus did not take up and working interest in any here,
fierce competition for staff as Biden issued a blank check for capping of old wells. investment hub and email replies from David confirmed this.
.
4) Delayed: Mywell creek:Weather. Unofficially its appears not going anywhere. (talk to David on this and he will tell you)
Mywell creek operators ceased operating. Maybe this is the explanation
.
5) Caroline well: Opened and profitable beyond expectation
6) Gryphon well: opened and not up to expectation.
7) BOD indicated New wells this year , waiting... maybe forest fires caused delays as roads to some areas of Alberta were blocked,
monies of $5,000,000 was/is locked in long term deposit.
You can speculate or ask him. More detailed info often from the Canadian team themselves as well.
.
Lack of news Result and investors not seeing cash invested leads to frustration and despondency with market cap falling below Cash in bank.
.
Fundamentally, the company is not going to go bankrupt any time soon, making healthy returns with exceptional P/E ratio's due to low share price.
Currently share holders not profiting, with small parcels being dumped at silly prices.
.
Could be better, improved communication, CEO spread to thinly and not focused full time.
.
At this rate she will keep accumulating cash with the share price trailing cash holdings.
.
.
BROOKSIDE:
Lots of announcements, lots of new wells, Cash rich opening up new wells , yet the share price FALLS to 1/4 of what it was a few years ago ?
.
Brookside and SHE
How do you explain the long term growth in equity of both Brookside and SHE yet the share price of both falling to 1/4 of their highs.
.
Maybe because the oil prices have fallen form their highs of a few years ago.
Do you own research and fact check what others post on here, Detach yourself from emotions as they will lead to trading/ investing losses
Follow the cash flow relative to market cap
- Forums
- ASX - By Stock
- SHE
- Ann: Quarterly Activity and Cashflow Report
Ann: Quarterly Activity and Cashflow Report, page-91
-
-
- There are more pages in this discussion • 288 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.002(28.6%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $10.02K | 1.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6984739 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 745879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4984739 | 0.007 |
4 | 1189742 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
2 | 1600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 745879 | 1 |
0.010 | 1500000 | 3 |
0.011 | 920690 | 2 |
0.012 | 800000 | 1 |
0.013 | 100000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
SHE (ASX) Chart |