"....Director Resignation, does not look good for the oil well and/or the future of the company, if people are suddenly leaving."
But replaced at the same time with a guy strong in..... "Over the past 17 years, Mr. Clyne has dedicated himself to the provision of corporate advisory and related services for listed entities primarily in the Australian and North American markets. This has included a broad spectrum from company incorporation through to takeovers and other large corporate transactions."
Mmmmmm, what's going on!
On the Cap Ret side, I can only assume the Co. wants to retain cash, as for me, that would be a strong part of a T/O consideration.
OEL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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