Don’t give me too much credit . I am just a has been civil contractor. You end up seeing things in terms of risk. Risk of execution , risk of payment etc . I am sure drilling has its issues but it isn’t overly complicated. I’d be surprised if any contract was in the negative. I am not here to hero worship the chairman but he’s seen it all before. Not too many surprises to deal with. Not like starting a business from scratch with new technology. We’ve got an investor dial in one day before the agm.Bit of a surprise. They appear to have little institutional support. Souls have sold down although they have gone negative on equities generally . Morgan’s are their cheerleaders but have over optimistic in the past. Brisbane based probably doesn’t help. I am useless at predicting future share prices but you would think paying another 2 cent dividend would attract some interest.
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1 | 40000 | 0.365 |
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3 | 30574 | 0.350 |
Price($) | Vol. | No. |
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0.390 | 43177 | 3 |
0.395 | 13907 | 1 |
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